GREY:GRFJF - Post by User
Post by
godfroggeron May 15, 2008 11:49am
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Post# 15077177
WGI selloff
WGI selloff
well, Im no expert but this thing looks waaay oversold to me. I picked up a few at 2.18 so we'll see if I found the bottom.
I have another stock, JIN, that Ive had for ages and the Q1 numbers there didnt knock anybodies socks off either and they didnt get punished the way this one did. Who knows, but either way WGI is pouring gold and gold is still almost $900 bucks an ounce- its gotta go up from here!
Does the million and change they paid for forward gold contracts get them out, or how long does that go? Anybody know the details on that?