half yearly... watso confused, page-6

Watso,

As far as I am concerned there are two types of investments in stocks; one is where you believe in the fundamentals and invest lomg-term. The other is a short-term focus where you believe based on whatever, that the share price will rise in the short-term, not based on fundamentals, but for example based on momenutm, imminent announcement, run in particular sectors etc etc.

I know the history of GDA, just like I know the history of a host of other penny stocks that are/have been run like GDA. This doesn't preclude you from making money out of them.

Sometimes over-analysing can lose you opportunities. Maybe the company will spemd $200K on exploration, maybe it will be $400K or $600K or $1mill. And maybe they will have another placement (probably likely). When it comes to speculative stocks like GDA, punters usually don't care about this sort of detail. If a company is sub $10mill marketcap, if alot of exploration information is due, and if the conditions in the sector are right, then these sort of companies can double and triple their market caps quite quickly.

Im not in GDA for a long time, just a good time. I may decide to keep some free-carried investment once I sell out, just in case.