Stock price performance for March -.024
Date | Close |
03/16/2012 | 0.49 |
03/15/2012 | 0.49 |
03/14/2012 | 0.48 |
03/13/2012 | 0.53 |
03/12/2012 | 0.54 |
03/09/2012 | 0.57 |
03/08/2012 | 0.53 |
03/07/2012 | 0.6 |
03/06/2012 | 0.55 |
03/05/2012 | 0.63 |
03/02/2012 | 0.69 |
03/01/2012 | 0.73 |
After 1 nr and 1 investor meeting the stock price has plummeted net .24 cents. I do not expect much of a change going into the summer even if they finally get the permit as doldrums and tax loss season will mute anything positive. Even if there is a future price rise there will be many wanting to recoup some of their losses and some will be looking to claim tax losses. If your in a profit situation take some!.Just my opinion, but heck I wave warned you all along not to "catch a falling knife" "throw good money after bad".
Try to re coup some money elsewhere on the summer sell off and look for the small cap stocks with some actual production revenue or those close to it who have had been sold off. I keep repeating there are better leverage (more shares for the buck) long term in not just other gold stocks and base metals and especially oil.
Always take some profit when you can. Lesson learned for some while others show many losses and continue to lose money.