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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: unregmarket who wrote (1490)10/10/1998 10:40:00 AM
From: Bill Murphy  Respond to of 81177
 
Rick,
From when we first mentioned GSR as an undervalued stock and a potential home run play, it went up about 140% in a week ( 1 1/4 to 2 3/4 ).
The set back in gold and in the gold shares across the board was too much for GSR or most any of the bouncers. The setback was on lighter volume and technically constructive for the long term.
When gold resumes its uptrend the share price of GSR should fly in my opinion. In the short term, we just have to wait it out. Like I said in my commentary. Years from now 2 1/2 will seem like a gift. At least, that is how I perceive it.
Bill