thoughts, i have one, use STOP LOSSES, like i have learnt is the most important thing in trading/investing.
If you bought 150,000 at 80c (yes i know in hindsight we all are very smart) you should have put a stop loss at 60c, that way you would have lost, but not been wiped out as you are now, or very close to it.
This is what ive learnt since 2008 crash, you MUST use stop losses, and holding Long term is a good way of going bankrupt, especially with these mining shares, only the companies founders and directors make $$ from these companies, not small shareholders like u or me.
And the chinese who wait for markets to crash and for stocks like GBG to fall to 30c and than make a T/O at 50c and tell us its a very good deal, they are winners, again not us small shareholders.
GBG Price at posting:
30.5¢ Sentiment: None Disclosure: Not Held
