Rex
For goodness sake please dont quote anything posted by me or anyone back in february. We are living in a new world!!!!
Nevertheless, back in February stocks everywhere were plummeting, whil GNM went from $130 in Feb to $1.90 in July ... not bad in a crappy market, and yes I was excited at times about its ability to buck the trend..
After that the trend clearly changed & vitually all stocks crashed, GNM included, especially with coal prices deteriorating.
I had very tight stops in place across my portfolio, & exited many positions, including GNM, MAK, BAU, & my BMN traders after July 1.
However I have bought back some GNM in the 20's & consider this a good buy. However that will also depend on their ability to keep increasing production as forcast.
Its a totally new market mate ... not really a time for "bottom drawer" investment tactics, but at 25 cents average for GNM, I feel pretty safe & am happy to hold for the next 12 months
As for BMN I bought quite a few hundred thou in the 20's & 30's and have made great money on their climb back. Not back into BAU yet, but watching carefully ... some recent good announcements but the market still not to good, so I will wait & see.
cheers
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Change
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Mkt cap ! $2.474M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 311391 | 1.4¢ |
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Price($) | Vol. | No. |
---|---|---|
1.5¢ | 583569 | 3 |
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No. | Vol. | Price($) |
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2 | 261391 | 0.014 |
3 | 537060 | 0.013 |
3 | 294995 | 0.012 |
7 | 1010451 | 0.011 |
4 | 1129995 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 583569 | 3 |
0.016 | 133679 | 4 |
0.017 | 54733 | 1 |
0.018 | 486660 | 4 |
0.019 | 20001 | 2 |
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