GREY:MIGGF - Post by User
Comment by
hatorihanzoeon Mar 02, 2013 8:01am
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Post# 21066408
RE: RE: what the f
RE: RE: what the f Actually Mgo did announce and expected slowing demand from China last year if you were paying attention. So their recent results are expected thus a drop on the price. I did say to everyone here that you should sell at $3.40 but no body listen. I guess it is now a speculative play now so hope for a privatization like HF.
Also notice the entire TSX and SP are all at record levels just like 2007 before 2008 and 2009. So you can expect a technical pull back due to some sudden news that the media like to blow out of proportion. You think a small stock like MGO with poor result will be impacted if it hasn't already reflect the pull back? Good luck.
Don't buy stock that has little strong fundamental values to them. Gambling is for the casino not for investing in companies.