as the quote from Mr Warren Buffet says." when people are...

  1. 829 Posts.
    as the quote from Mr Warren Buffet says.

    " when people are fearful be greedy"
    " when people are greedy be fearful"

    My purchases thus far

    $2.20
    $1.90
    $1.715

    average price $1.93


    my next buy price $1.50

    lets just see how the ARR game is played. Its not going to be in the spotlight with the mining boom. not much ranting and raving going on. its a genuine 3 year hold.

    enjoy the down days as buying opportunities.

    anything under $2 and long term should do ok.

    i feel for the people who bought off the patersons broker report at $3.50. that pumped the stock up far too much. was way overvalued for the risk/reward equation.

    we are getting backing into an area which justifies risk/reward.

    stocks are oversold and over bought.

    this not a rant, just a simple explanation of how i am buying a growth stock that was over bought, and now people are running before the growth story has started



 
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