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Gold/Mining/Energy : Silver Bull Resources, Inc.

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From: LoneClone7/7/2014 4:24:46 PM
1 Recommendation

Recommended By
bear 164

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I am such a crappy trader.

Last week I got sick of waiting for FCV to present me a buying opportunity and put in a bid to establish a position at 29 cents. That sat there all week without a share being trading, the offer being 30 cents, so this morning I gave in and pid up at 30 cents. Of course after selling me my shares the ask then dropped down to give the person who had been sitting below me at .285 all week last week a whole whack of shares.

At least my first target is 50 cents so 1.5 cents isn't a huge deal, but it still pisses me off.

And I just came across another reminder to avoid any company that gets financing from Waterton, vultures who specialize in giving miners in trouble just enough money to keep them going for a while but not to fix the problems, following which then ending up turning over their assets to Waterton. Their latest victim is FAU, following in the wake of GGN, GPXM, and many others.

LC
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