RE: RE: SHORT TERM TARGET?-REALISTIC?The history of many of these "analysts" is pathetic. These (not sure about this particular guy) are the folks that were recommending buying stocks in Banks, of course just before they crashed and were at their ALL time highs. Now as sheep will do, they will tell you to buy all the same shares, based on the same accounting analysis. With these gold stocks, they are playing a fools game. In this case, however, guess what, he made a valid claim, as the target HAS ALREADY BEEN REACHED and EXCEEDED. Now that is what I call brilliant stuff. Want to make money in the stock market. You have to be ahead of the curve, see situations where accountant types do not get the potential, and be willing to take RISK and go AGAINST THE CROWD. It works for me, most of the time. Of course you get it wrong, lots of times, but when you get a little experience, you start to realize that CONTRARY investing is really where it is at. IMO of course. But it takes stamina, conviction and objectivity. It is not an emotional thing. You buy value or potential, or best both, where others do not see it, often because of nothing more than it being out of favour.
Where will we see this now: at some point in Real Estate: at its darkest hour, when nobody wants or sees it as a good investment. Not there yet.IMO
Biotech: next huge thing.IMO Turning now. Was an incredible buy not very long ago. Still lots of room there.IMO and of course Gold Stocks, they were taken down, way to far.IMO