After the gap down on August 23rd during pre open, it was plain obvious that the operators for Geo Energy had already cashed out some $$. While everyone was chasing after the stock on August 22nd because of the Jim Rogers news, I knew it's wise to stay sideline and move on to some other more potential counters like Albedo than chasing wildly and madly with the public.
http://stockmarketmindgames.blogspot.sg/2013/08/geo-energy-jim-rogers-cashed-out.html
http://stockmarketmindgames.blogspot.sg/2013/08/geo-energy-jim-rogers-strikes.html
Today, the stock continued it's reaction to a low of 0.365. It's almost near Jim Roger's buy price of 0.355! So is it the time to buy when the stock reaches 0.355 or could it go lower? When it comes to money in the stock market, everyone is fighting for survival and only the best and strong ones survive. It's the same as during world war II when everyone is fighting for food, and there are no rules whatsoever. What seems obvious is not always that straightforward, however what seems obscure is always pretty obvious. Give it a thought and you shall know what I meant.
Ronald K - Market Psychologist - The Big Speculator
