GREY:PGDIF - Post by User
Comment by
Durkastanon Jul 06, 2010 9:31am
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Post# 17246264
RE: RE: Nice Canadians!
RE: RE: Nice Canadians!Lol... wong, not so long ago you said "This will be my last post on this board" - what happened? Change of heart? Couldn't help but come and bash the stock some more, I guess? You make me lol.
Personally, I can see this dropping down to the 1.40-1.50 range, which has been support for the last 9 months or so. The market is full of fear right now, and smallcaps are getting thrashed pretty much across the board. Until the economy shows some real signs of improvement, I'm staying away from all of these types of stocks. There will be amazing buying opportunities soon in all of these stocks if this keeps up, though.
I still like the PGD story, but that interest is overshadowed by greater market forces. I'm sure those sticking it out will be vindicated in the (very) long run, but I'd rather stay out for now.