"When you get down to basics, regardless of anthing else, you can't just sit there and watch 30% of your investment come off"
Well you can. Just like the guy's that put up $3 Million at 10.5c in the last placement 7 or 8 weeks ago. None of these guys have sold. And i bet they don't watch the daily price moves either. They are long term investors in a small company.
If i knew the stock would drop to 7c while it was trading at 15c i would've sold and bought back in today. I dont own a crystal ball and cant control what others think and do.
Best you can do is be informed and cross your fingers. Even when your right you can still lose money. I sat on Eastern Star Gas for 2 years patiently waiting for the takeover that came yesterday and still made a 6% loss. Go figure.
Hope to see you back in the 'buying' que again soon.
ZGM Price at posting:
7.1¢ Sentiment: Buy Disclosure: Held