GREY:AVGCF - Post by User
Post by
BagOfGoldon Jan 25, 2010 7:30pm
294 Views
Post# 16717410
Here's a scenario...
Here's a scenario...A stock is fundamentally either good or not good! Example: I originally bought CEE at
.88 per share...by trading & buying on dips...I was able to triple my money last year! The majority of this money I made was when gold was under $1000! Now...I have thousands of free shares left in my core position & don't EVER have to look at them again if I choose not to! If any of you have doubled+ your money...you should have...or should take some off the table! I didn't deploy much money yet...on AVR...I have only 4000 shares I last bought into at
.73 per share! I can afford to sit & not sell these shares...which is what I am going to do! Is AVR not profitable at $850 gold? I would think so...it is fundamentally a great stock & may bring the same success to me that CEE has...don't you think so! If I have to wait to make a profit...then I will wait...By the way...I have lots of cash on hand! If the price of gold goes down to $850...the price will go up on fundamentally strong stocks like AVR as it did for CEE! Perhaps a move back to $850 gold is not so bad...
Bag Of Gold