GREY:GMFLF - Post by User
Post by
Chainsawwon Jan 28, 2014 11:30pm
375 Views
Post# 22145523
after rollback
after rollback
i dont see this coming back below .20 -.225 post rollback if silver prices maintain present levels or increase in price. This asset has substantial silver resources and perhaps much more than presently stated.
As TopAdviser stated that 90% fall back after a rollback. Where did you get your statistics from or is this just from personal observation? Therefore based on the slight chance that only 10% dont fall back after a rollback (according to TopAdvisor) then perhaps this stock may be one of those 10% candidates not falling back. What it depends on is how much support the stock has when it starts trading again post rollback.
If is slips back i will definitely be buying at .20 - .22 to add to my position.
People selling now may be wishing they could buy back lower than this post rollback but i dont think it will happen barring some major catastrophe or problem.
Many gold and silver stocks are putting in weekly bottoms and becoming more bullish NOW!!
Take your chances and try and buy back later if you want. Obviously you liked the stock or you wouldnt be here. Telling everybody that its going to fall back to .05 post rollback and hoping to get stock there is very wishful thinking.
I think i would back up the car to get more if this happens. Good luck whatever you think is best.