Their recent sell off is connected to some problems with the Human Rights Commission related to the demolition of houses near their Didipio project in Luzon, Philippines.
I bought Daylight stock at $10. and it’s now above $11 should I sell and take my profits. Fred Hi Fred, I last posted on Daylight Energy Ltd. ( DAY TSX) on January 5, 2011 when it clsoed at $10.08. At the time it was noted that the stock offered an attractive dividend and that a [...]
If there is no other lesson to be learned from this case study its that your first loss is often your best loss.
The trend right now is down and if you are sitting on a profit I think you want to protect it.
What you need to do at this point is set a stop loss level that will preserve your capital while you chase the 4.3% dividend yield
It looks to me like the big sharks are eating the little fish.
The three year chart at best indicates that AXX will retest support at $1.40 given the gap down in March of 2011.
