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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: Mike Sawyer who wrote (59212)1/8/2008 7:41:03 PM
From: TATRADER  Read Replies (1) of 59879
 
Joe Granville was the guru who said LNXGF, would be a 1.00 stock...But I think Joe said that about 3 years ago....

As I see it in 2008, Gold is headed for $1500.00...If that is the case, then the exploratory dogs will be the biggest movers of them all....So as gizzard traders, we need to find the few golden gold gizzards that still haven't exploded...With LNXGF, it has sat around 20 cents for a long time....There isn't much downside, unless it goes belly up...

I think as gold heads toward $1000.00, LNXGF moves to .50 cents...and when gold moves beyond, we move at 1.00...Just have to have patience...The common man is still not excited about gold...

I have a position in this stock presently, 50,000 shares...

Regards,

Mark
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