My plan was to hold shares for the long term in a company that is producing a much needed material that would help our future power and mobility needs. To make good profit in an industry of the future. However my plans keeps getting knocked for a six by ill-informed reports by the likes of MacBank and DB. Another massive SP hit just like last year. Over 30% fall in the space of a week for no reason at all as far as I can ascertain (could this really have been due to that DB report) is crazy. I am probably crazy too because I didn't have a trailing stop loss because (1) I was an investor; and (2) I rather naively believed a fall like this for no good reason was not likely. I have learnt my lesson now - from now on I am going to pay a lot of attention to what Crashman and Alterego and people like that have to say.
GXY Price at posting:
$1.67 Sentiment: Hold Disclosure: Held