GREY:DULMF - Post by User
Post by
djgton Feb 02, 2010 3:28pm
732 Views
Post# 16744954
Long term sneak attack
Long term sneak attackUnfortunately DM didn't correct all the way down to the $2.25'ish range I had hoped for but I do agree with many that anything sub-$3.00 is great also. The majority of people will tell you all the time, "this is a great so and so story that you just know will be worth X and I'm getting in early and blah, blah, blah....." the problem is that virtually no one does it. Really, even with the market meltdown, how many people bought SGR at
.75 and have held ALL of their shares through and through understanding that it is a $6.00+ stock? Duluth is no different!
My recommendation, with the exploration program coming to light now and the mine to just sit idle and do its thing. There are still catalysts for growth ahead but Duluth is definitly entering a quiet period; take this opportunity to take a position. You see, DM is one of the stocks that you put on your watch list waiting to buy it and you look at it every day and it never seems to do anything. A couple pennies up and down here and there and a couples pennies here and there and you never really see the price move. Then one day you bring up a 1 or 2 year chart and you see that nice 45 or 30 degree angle chart that REALLY makes people money....after all we all no that chasing flyers doesn't make money....right?
Cheers,
djgt
aka Chris Weber
P.S. Get my FREE Weber's Web newsletter by emailing webersweb@northwestel.net