RE:Confused ?????xGoldminer wrote: Why is Lad up at this price? I am not a professional stock trader so don't understand why Lad is at this price. I am really up set with a 10 to 01 rollback and lost most of my shares. I sold all my shares this morning believing this stock could end up down to .06 cent again. I lost half of my money, but that is better then losing almost all of it if it goes down to .06.
Can someone explain to me why this stock went up to .77 cents and now around .53 cents. They did a roll back and no drilling is happening at this time since it is winter and nothing happened all summer. There has been no news at all and Lad is exactly the same before the roll back. I don't expect anything to happen at this site till spring time. There is no reason that I can see why this stock went up.
This reminds me about alset energy when their stock went from .02 cents to I think .88 cents with no news and that didn't make sense to me either and they came crashing down to around 6 to 8 cents. Lots of people lost money and I could kick myself for not selling at .88 cents.
This time I believe the same thing is happening. I might buy back into it when it gets back to .06 cents or less and believe this will happen. Time will tell if I made the right decision in selling at this time???
Wow. I just don't know where to start on this one. First I guess I can start by saying it won't be going back to $.06. I am a buyer at this $.50 level which is $.05 pre-consolidation price. The news is out today is that they closed the pp. So they now have 1.5 million in the bank. This play will rise from the ashes as they are now all cleaned up and cashed up. $1.00 will come fast just like the $.75 did. Then $1.50 is the next target. Gold is $1654 per oz. CDN.