$1.3 is a psychological level where there could be a dead cat bounce for about 5-8% to $1.4, even the worst of the Goldies have being around for ages, think BDR and PRU, BDR has been spinning their tales for the last 5 years and year after year they come cap in hand to raise additional capital and tell the story of this year being the turnaround year.
Dont grow attached to shares, if quarter after quarter gets worst and worst and management's decisions becoming questionable, you need to consider if holding it makes you loose sleep or selling at a lost will relieve the pressure
WGX Price at posting:
$1.49 Sentiment: Sell Disclosure: Not Held
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