RE: Advice/prediction. Stock is over bought Okay...here you are. I must have missed this posting of yours. I would imagine we'd be balls lucky if the company reported 2 million ounces. But whatever the number is, I will be looking for a few hints..like, is the strike still open and is it open at both ends. Is it still open to depth or is this all she wrote.
But okay, let us say you are right and the company winds up with less than than two...or maybe even less than one million ounces and you are again right....and the share price drops like a stone. Will you put up your money and short the stock? Theory is one thing, but I live by my research and yes, by my 'hunches'. I do not do badly.
And if you have given any consideration to my past postings that include my views on the parasitical syndicate and how they will absolutely dump their paper....and then if you toss into the mix your idea that anything less than two million is a disaster, then shorting GRR down to *under* fifty cents has its own logic. Are you prepared to act on that logic? No worries, you do not have to answer me....either publicly or privately. That is a question you should be asking yourself.
I pose you no question I would not ask myself and went through the whole 'logic' question myself when it came to Apple. Let us just say I bucked up...believed in my logic and did quite well for myself, thank you for asking. Ball is now in your court and, as always...I hope you prosper.