Last time I mentioned Sunshine Metals (ASX: SHN), I said they would double by the end of July. Well, they jumped 40% in a couple of days. Not a bad return, beating the market's (and the bank's) returns for a year in just 48 hours.
Now they have retraced that gain and are back at 1.1 cents and represent an excellent opportunity to make another good gain before the end of July.
I was talking about them to a colleague the other day and said that SHN was a classic one for buying in, selling the gain, buying the drop, selling the gain, buying the drop, and so on. He agreed.
Good luck if you're jumping in.
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