TSXV:AAA.P - Post by User
Post by
godmanon Aug 05, 2011 11:14am
310 Views
Post# 18908308
How things change
How things changeWe were going up even with all the unrest in north Africa and all were looking at 2.50 plus for share price, now we are half that. My average is 1.00, so am up better than GICs but have lost almost all my gains for the year, was up over all 100% till the dive started in May. I will never ever keep a junior miner over the spring or summer again no matter what the news will be, all three of my stocks which had a RE or buyout potential, have tanked over 50% since May. GREED. Good thing I do not rely on this for an income, yet. I know the long term is good here, but should always go with the trend. The ones buying now will be doing great this year, as usual. Just venting.
If the Euro would have dropped Greece earlier, it would have sent a message to all the rest of the Euro and it would have been better for Greece. The US not only has to reduce costs, they need to raise taxes as well. The Corps have to start paying some taxes or they are going to loose there customers, who will not have jobs to buy their crap. I have been saying this for decades. The Corps do not give a shat about their countries, where ever they can get the cheapest labour they will go, why not if there are no tariffs. Free trade is only good for Corporations. I obviously invest in corporations and hope they make money, but if people dont have jobs and cannot buy my services...how long does the game last?