It is going to get ugly !!
- EDV has now dropped more than 7%+ each day for 2 consecutive days.
- Today's drop was on high volume and looks more like institutional selling.
- We are now officially in "Tax Loss Selling" season and we all know that EDV is "The Worst Gold Stock" out there in terms of its performance ytd.
- So, I am out of this stock fully as of today and I believe that it is going to get "absolutely ugly" for this stock as more "tax loss selling" kicks in.
- I will not touch this POS or any gold stock for that matter....... EVER !!
- Lesson Learned...... in a really hard way. This POS has decimated my portfolio by more than 70% and I am not sure how I will ever recover the loss.
- All these people are "Thieves" and "Crooks" and it is my fault that I trusted my money in this "sham" of a market.
- But... What goes around.... comes around !!.... May all these "B#st#rds Rot in Hell" !!