GREY:GPLDF - Post by User
Comment by
KingWhatsion Jul 13, 2011 6:41am
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Post# 18825706
RE: RE: gpr
RE: RE: gprLOL Mineshack. I was wrong and it never got there. I actually bought in at $3.34
I'm surprised at the number of folks on here hoping that I'll fail. I wonder about that. These days, what with all the world events pushing and tugging the markets back and forth it seems most small investors are still stuck behind the "buy and hold" mantra. Think of this...
While the longs have held fast to their shares, carefully guarding against anyone who's comments are remotely negative, I have been in and out sever times with small (.20 - .50) gains. In effect, I've already enjoyed close to a double while the longs are waiting patiently for $5 in a year or so. WTF
I consider "buy & hold" to be a direct contradiction to the cardinal rule of stock trading. "Never fall in love with a stock!"
Another thing. "SPROTT". Someone mentioned that GPR is one of their core holdings and possibly a Top Pick. Wise traders should be forwarned. This is where sprott makes most of their money. They lock in most of their profits before spending anything by shorting, not by long term. The "core holding" is only for the benefit of the minions who invest in their funds. The real money is made when they pump the sp up, mostly with the help of BNN. Up it goes, sprott shorts the heck out of it, and then down it goes. This is a fact that you can either deny and suffer or you can ride along with and profit nicely.
I care not one whit if you disagree, hate or ignore me. Just think! Watch the proceedings and you'll see I'm right. The stock goes up and the stock goes down. LOL