GREY:DRGDF - Post by User
Comment by
Weebleon Feb 01, 2017 2:41pm
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Post# 25784869
RE:Damn this stock!
RE:Damn this stock!Martman16, I understand your frustration but that is exactly what the big boys want. Enough volatility to shake people in and out so that they can manipulate you, make their commissions and do their private placements at good prices. I think it is normal for precious metal stocks to move up or down 5 or 6% in a day. With smaller microcap stocks, it could be 10 or even 15%. You can have it happen for absolutely no reason at all. All it takes is one large buyer or seller.
IMO, no long term precious metal investor should buy a stock without the idea that they may go down 20% in a year. You need a cast iron stomach.