Today once again I left unscathed by any tricks from the BBs. On Oct 17th when I unloaded Midas with the BBs, I knew I made the right decision not to listen to any opinions, comments or tips of analysts, forumers painting the target price of 0.45 - 0.5. When one has no target price, his actions is to follow BBs to buy when they buy and unload when they unload.
Looking at the latest price of Midas, it is now 0.42/0.425 and it was down -2.3% since I last unloaded. If I wasn't fast enough, I would have suffer a reaction and a deficit of $1000 now.
http://stockmarketmindgames.blogspot.sg/2012/10/midas-profits-secured.html
Midas had been a very lucky stock for me and till date I haven't lost in this counter. It is like before the BBs made a move, I could already read his mind 3 steps ahead. Call it fate or just a stroke of good luck but clearly Midas and me were meant to be making profits together and consistently.
Ronald K - Market Psychologist - The Big Speculator
