GREY:SOGFF - Post by User
Comment by
OntarioDaveon Dec 12, 2013 4:50pm
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Post# 22000825
RE:Rags to Riches?????
RE:Rags to Riches?????some of these stocks mentioned seem cheap and like a bargain but sometimes when stuff is on sale there is a good reason for it...many of those names could still see further downside...BB and ATH are two good examples of potentail value but also potential problems...i would rather pay a little more for a stock heading in the right direction then to find the bottom of a troubled corp...Gold sector is iffy and GS has said it will go lower...many hedgefund have sold gold and even Paulson has said uncle on that commodity...
I like oil more for short term upside but again its gotta be in a bull trend before i buy...no interest in bearish oil stocks...one eye open on the movement of gold but sold all my gold out earlier on when it got the 30% bear rally...dead money for now...deep value as the author calls it can also equate to value trap...been there done that and dead money stinks when its going nowhere for years...
OD