Let's get real here If you liked the company when it was 0.60 cents and now it's 0.25 cents, then consider the share price a gift. This happens time and time again where people get wary when a stock drops in price and they 2nd guess why they bought the stock in the first place. Emotion sets in and they freak out thinking it's going to zero.... next they decide the best options is to sell for a loss and move on.
This cycle kills retail investors who want quick fix returns and instant results. I want to buy more at these levels but my concern is how overweighted I am with GER in my portfolio. My rule used to be no more than 7-10% of my portfolio in one stock but I am now pushing 35% and at these levels I'm so tempted to buy more. What am I supposed to do? If people are selling at these levels, I pity the fool.
Guess who else was buying a few weeks ago and feels the share price is undervalued???
| Jan 31/12 | Jan 31/12 | Labrecque, Jean-Charles | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 50,000 |
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