TSX:LSG.DB - Post by User
Comment by
TGLAon Apr 25, 2012 10:30am
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Post# 19833421
RE: Not Moose Pasture
RE: Not Moose Pasture Have an exit strategy my friend just in case. Something is going on behind the scenes that no investor is privvy to, hence the waterfall slide. What if LSG goes to it's historical low of .02 from 10 years ago? Let your winners run and cut your losers short. Everything else that all these posters do is just speculate, most of it is wishful thinking of buyouts and major announcements etc...it's just all hot air and dreaming, one of the major investing fallacies actually... I wonder how many people pray to god every morning if the stock will just come close to their buy in point they promise to sell just to break even.
Good luck to everyone, I'm sure most (as I am) are deep in the red on this lipstick covered pig. After today's FOMC announcement, gold and everything else related will get hammered, nothing QE will come out soon, and LSG will go down further, it's a bottomless pit for now.
Wish I could be more positive about this stock and gold in general at the moment but I think we're set for a painful summer until the US debt debate starts heating up.