GDN 0.00% 1.7¢ golden state resources limited

why hold now, page-2

  1. 5,786 Posts.
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    You also have to weigh up the costs of reentering and selling . I suppose it depends on what you think is worthwhile. When it went to 42c a months or so ago not in a million years did I think it would go there so held on turning a $30 k profit into a $17 k deficit. The reason I held is that I interpreted the results as good and only when GDN came out with further reports did the market realise they stuffed up and they went back and are now still just in front. The thing that shi..ts me about this stock is the amount of uninformed knowledge and the amount od traders who are destroying the stock. One thing I have learnt is that when you want the big one you just have to be there and sometimes wait. If they have success I will be there and will make considerable amounts of money and not fill the coffers of my broker and more than likely make more money than most traders who won't be there when the good news hopefully arrives.
 
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Currently unlisted public company.

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