DEG 4.76% $1.21 de grey mining limited

Talk about a pump and dump with no pump or dump, page-16

  1. 2,523 Posts.
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    If you are referring to DEG,not in time as our farm is in an internet back spot,plus Asculpeous is out in the paddocks and not being a key board warrior,although that can be fun.Try and sell on maximum hype and certain technical signals,but with DEG am not too worried as there is a remarkable resource being proven up-it's just going to take time.
    Don't usually get personal,but many of your points hold for many microcaps,but not always. It's spotting the rare outliers that actually do amazing things and holding onto these that fortunes can be made.We don't yet whether that is the case for DEG,but if it is one of those rare stocks,they all seem to go through pull-backs like the present.The evidence is starting to mount in DEG's favour.

    as a side note,many sell in the belief they'll buy back in.Sounds fine in theory,difficult in practice(note that GP was able to do this DEG).Usually the funds find other uses.As Asculpeous has posted elsewhere,those who make absolute fortunes are those who have put stocks in the bottom drawer,forgotten about them until they hit the headlines, and then sell usually at the urging of their spouse/partner/concubines or mistress.
 
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