Full Article: Eric Coffin: The Curse
Traders are starting to bail in advance of PDAC. That’s usually a wise move, though the editorial lays out some counter arguments. Even if your preference is to do some selling I think you need to be selective and look at which stocks are more likely to weather a pullback.
It may seem counter-intuitive but I think some of the earlier stage stocks could be the stronger ones through the next couple of months. When traders decide to get behind a story, they can more than counter act the seasonal sellers. We’re starting to see that behaviour in a couple of the early stage companies HRA tracks, with the first company in the update section being a prime example.
Full Article: Eric Coffin: The Curse
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