SqueekAdmittedly, my position in TGZ is quite small at this point, but I'm bullish on gold moving forward, and given their AISC, I believe that there can be some decent profit to be had in acquiring some of the commons in this company.
My quandary is this: There has been so much institutional buying and selling of this penny stock that I am a little nervous about adding to my position. I'm a mouse in a room full of elephants. Even today there were 2 largish crosses.
It's true that the share price was driven up by the swath in buying over the last few weeks, but was the SP thereby artificially inflated? My instinct is telling me to sit tight. Can someone offer a compelling argument to buy in now? No conjecture on buyouts.
Thanks in advance,
Shat