MAW.V – Mawson Resources Ltd. – Time to Get Back In

by JDH on February 17, 2007

It’s time to get back in to our old friend Mawson Resources. In my December 27, 2006 blog post I said:

“Mawson is up 27% as I write this. That’s a big run, so I’m selling, with the goal of buying back when the stock pulls back over the next week or two. I hope to repurchase Mawson well below $2.00.”

Well, Mawson closed on Friday at $2.53, so I guess I didn’t repurchase it well below $2.  However, the consolidation appears to be over, and it’s back to making new highs, so I’m buying back in.  For the record, I’m not sorry I didn’t buy back in sooner; my cash was deployed profitably in other areas, so I’m satisfied.  Here’s the chart:


{ 0 comments… add one now }