Few months back they all said that going past $2.00 was going to be unheard of then we got smashed to $1.50 and they all got proved wrong. I've been on this bandwagon since the $2.80 equivalent mark averaging down, already got nice paper losses. The shorters might as well finish the job and push it to $1.00 so I can average down again for the long term hall.
No I'm not a member of the Mac Bank downramping HC squad but I can still see the likelihood that the event would happen. Now is the time in my opinion to look for advantages in negative short term SP fluctuations.
GXY Price at posting:
$1.63 Sentiment: Hold Disclosure: Held