SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: patron_anejo_por_favor who wrote (203516)5/22/2009 9:50:44 AM
From: TommasoRead Replies (1) of 306849
 
Given the fact that NGD is a much bigger and more productive company than it was a few years ago, it's odd to have it still trading at 25% of a price it has hit three times in the last three years.

Of course it was much odder than that when it was trading at one-third of the current price. I think it has a long way to go on the upside. It's just that someone looking at it for the first time might say, "My God, it's already tripled, too late to get in!"

I would buy more except that when one already has about 20% of investable assets in one stock, you want to diversify, even if you are Warren Buffet and know the company inside out. And I only know NGD from the outside in. Maybe I should buy a cut-rate plane ticket to Vancouver and go pay them a visit.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext