GREY:PGDIF - Post by User
Comment by
MIA17on Sep 28, 2009 3:27pm
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Post# 16344639
RE: Bermans call
RE: Bermans callThey are out to lunch. Berman chitchats a big talk that has absolutely nothing to do the with the fundamentals - he only deals with technicals. Very, very stupid way of investing, not to mention insane to have someone on TV make recommendations when they don't have all things considered in their analysis. I'm sure he probably had a market day trade order in for PGD at a support level that he thought would get filled.$0$0$0$0I bet ya Andy was already in and out on his trade and is now jealous at the huge jump in price. So of course it is very easy for him to say 'they don't even have a mine for 10 yrs, it's crazy'. $0$0$0$0$0I say go ahead and voice your inquiry to BNN etc. Regardless though, PGD has taken on a life of it's own and is mirror image to a rollercoaster ride. The volatility in the price swings are unreal. We just need the diamond sector to stay afloat with exhuberance (which seems completely intact for now) and a news release relatively soon from PGD in order to keep momentum up. How you play it and trade it is up to each investor. Good luck whatever you decide.$0