RE: What happened?
Hey Allen
Most are feeling the same way, including me! Buying now is like catching a falling knife! However, if we don't buy, this stock, on news, could climb real quick!! You and I, as retail investors will be watching from the side lines. So the question is, do you see the risk of buying now, small, to the reward of buying now. Down side 40 cents? Up side, at least 90 cents ? What do you think?
At this point news does not seem to move a stock. I have had a number of my stocks come out with news and well they breakeven as oppose to dropping.
As a FYI and
From my advisor !!
www.pdegraaf.com
There were two negative influences pushing down on gold and silver today: The rising US dollar (up 2.3% in 3 days), and the tax problems facing Kitco.com. Kitco.com receives close to a million hits from gold and silver buyers every day. PPI and CPI reports are due out towards the end of next week and will likely draw attention to price inflation.