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:
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