Tempting at these levelsIt was just three weeks ago that I posted a farewell to ETG, a stock less exciting to own than the cans of cat food stacked on my basement shelf. However, I'm already thinking of re-enlisting. The stock is trading below $2 in the currency of my native land (US), and it's hard to resist at these levels. Unless the broader market tanks or the Mongolian political wind shifts, this stock will be bought out at a premium, and that premium looks more attractive at the current entry price.
Anybody else who is contemplating a purchase at these levels have a thought on ETG? Wait to see if it slides further, wait to see a price spike that will show it has regrown legs, or jump in now? I'm really not sure.