GREY:RNKLF - Post by User
Post by
Small BankHankon Oct 05, 2018 8:02am
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Post# 28750360
I'm not a basher, but it I'm glad I sold yesterday
I'm not a basher, but it I'm glad I sold yesterdayGold is scarce. I'm glad I sold. I might take some of my 80% momentum profit and buy some gold. Maybe I'll chase some day profits in JNUG or a triple natural gas ETF. Maybe I'll throw it into a producing mine like K92 with extensive proven deposits.
I am not a basher. I am really glad I caught a wave with RNX. I am still open to the possibility that they are going to make more incredible blasts and that they're on to an amazing world-class discovery. But the market is still telling us that uncertainty surrounds this play. I am curious to see if Sprott talks about it today in his weekly wrap up. But I have bet on the idea that it could fall more today. Maybe they will find more bonanza gold. Maybe they're sitting on billions. If they are, people like me on the sidelines will miss the initial bump and gaps, but we'll totally be able to jump in and catch momentum. But this price explosion has been pricing in amazing optimism. I am watching this stock and this story like a hawk in it seems like more opportunity for profit pops up. But in the mean time, and in the immediate term, I slept better knowing I was out.
Alright, those are my thoughts. Now I'll wait for people to call me an idiot, a newbie, a short seller, a fake handle, a troll.