GREY:LVNNF - Post by User
Comment by
Equalibriumon Apr 20, 2011 1:20pm
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Post# 18462191
RE: RE: RE: RE: New High Wednesday + $2.25/sh
RE: RE: RE: RE: New High Wednesday + $2.25/shMaybe sooner than we think... :-)
Research such stocks from the 1978-1981 era, and you will see that some explosive things happened....Some stocks went from pennies to over $100.
The problem here with the Precious metals stocks is knowing when to get out - timing will be of great importance, as when you look back on the chart, most likely there will be a blow-off spike of short duration.
Even though this has gone from 5 cents to 2.35 in a couple years, who knows whether or not Silver won't go to $100+ an ounce and LVN to $50 or more.
I don't want to raise anyones expectations too high, as maybe the peak is near already, or even has been reached.
I have already pulled over $10k in profit from this by selling some on the way up, but still hold 20,000 shares. I am not ready to sell any more here, as I am waiting for the exponential blow-off top in precious metals, which I hope coincides with new drill results for LVN or a Buyout offer!
It will be difficult to time this to get the Maximum out of it - but good luck.
GLTA