NCM newcrest mining limited

blackrock sells down more, page-9

  1. 1,054 Posts.
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    Picked up a small Qty 500 on close at $10.30. Not for making money but for getting involved and using it as a traveller or as reference for measuring pain and timing of a larger purchase. For whatever reason (Capital raising or further gold downside), I still feel this stock is going to do a final and proper dump, capitulation before she gets better. I feel the ultimate low in the $7.30's. But please no angry comments on my target. I want this sucker to go up as much as other holders do.

    $7.30 aint that bad. Only $3 away or another 30%. Wouldn't you want it to get to the bottom and let all this finally end? Rather than continue for another year?

    Means, if you put $100,000 in now at $10.30, you would see your money go down to $70,000 before the ultimate turnaround commenced. Then sit back and be friends with the trend all the way up to $200,00 or more.

    If you think $7's are a load of bull, then buy around now as it closes the gap down to $10.20.
 
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