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Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?


To: Ironyman who wrote (608)12/15/1997 10:32:00 AM
From: Bradley G. Fraser  Read Replies (1) | Respond to of 34075
 
Eric the only one adding to the manure pile is you. If this is the largest gold find IN THE WORLD why is it trading @ .12›????? Perhaps the WORLD hasn't heard your rantings.

It is at these prices where buyers rationalize purchases by saying things like "well, it can't go much lower". Having said the same thing at .20› these same buyers foolishly "average down" (a euphemism for throwing good money after bad). Always remember that this is a highly speculative play and risk only what you are willing to kiss goodbye.

The other side of the coin...