Long wordy post, sorry everybody, gold bug has
bit me and I am feverish.
That chart kind of makes a person want to
dream a little. For instance, instead of thinking
of 100,000 shares bought at 7 cents, I have in my
head 1000 shares of a seven dollar stock which has
run up to 13 bucks, a person should take his gain
and shut up right? (apolgies to anybody on the
thread who got in at 50 cents...hope you have
since doubled or tripled down...) Anyway, a nice
percentage gain for sure but when when you look
at a longer term chart like the one that was posted,
you can hardly even see the blip up from a nickle
to where it is now.
So maybe I should stop thinking of my 7 dollar/
13 dollar stock, but rather in eights...now that would
be something if MINE went back to where it started--I'd
sure love to watch this quadruple from 1/8 to 1/2.
Anyway, there is a fellow who has a thread called
charts for bottom breakout, I asked him where next
resistance was and he said 16 to 17 cents
Message 3758013
hope Ed doesn't mind me posting the link, I am sure
he would say that his comment is not a recommendation,
who knows maybe 14 cents was the top, but for what it
is worth, I've decided NOT to sell the 1/3rd I talked
about selling on the breakout thread, I want to see
MINE test 16 cents and see how she does...if we fall
back to 13 or 14, then I'll dump a third of my position.
Any thoughts?
(I cant believe my biggest holding of the year
is a penny gold stock, I must be out of mine freakin
mine, er, I mean mind.) |
