"...a possible papal blessing early next week..."
That's like 'Free Beer Tomorrow', right
I play a lot of pennies (or do they play me), mostly junior golds on Canadian exchanges, in fact most of the time the majority of the stocks I hold (but the minority of $% of PF) are under 1.00 Cdn. There can be some wild swings, which is likely the biggest attraction. DD can be very difficult, though, and independent third-party sources of information are few and far between. Yesterday I had two related stocks halted, with no way to get the real scoop, the only contacts were the CEO (same for both) and a paid IR outfit. It turned out fine, but could have gone either way. Truth be told, I traded those two off the chart, and not much else. So much for DD.
But no way would I do that with a tech stock, I'd be out of my league there, I can hardly spell commputer. And no way would I touch a gold junior with the number and size of bright red flags that have been raised with cshk, not without satisfactory answers. The informationless hype would be in itself a red flag.
But if a truly independent source of info appeared, one that for a start could be demonstrated to not originate in the same office as the IR/CEO, one that was clearly not a paid shill, one that reviewed the product and found it to be of some use and possible value to purchasers - then I would consider buying the stock. |
