GDN 0.00% 1.7¢ golden state resources limited

placement based on todays low..., page-93

  1. 18,601 Posts.
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    I believe the stock fell yesterday because of disappointment at Leadville, oilers are highly volatile and a lot of people were holding out for the primary target. I sold my balance yesterday because I saw a lot of the upside gone, I might be wrong but hey we can't always be right.

    If it doubles or trebles from here (or more), that's life but there are always other opportunities. If the secondaries are economic I am sure the existing holders may yet have some nice gains and I wish them well, but for me the risk/reward is no longer compelling.

    I don't buy the argument that posters are being paid for negative comment on GDN for one moment. Most of the "fors" and "against" discussion on the merits of this stock is from HC old timers (ie more than 6 months lol) and argument has been heated, and unfortunately, personal. People should just remember, don't get emotional about it, be clinical, it's only money.

 
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