RE:RE:RE:TIME TO BUY.Pretty much... Shake out the weak hands, pick up more cheap shares. $25 is my price target as well, but that increases with the price of gold.
Lloyd_Blankfein wrote: I totally get why some people would want to lock in gains at this point. ELD has had a phenomenal run and those downgrades were just enough to convince fence-sitters to jump.
But new investors with more conviction will take their place.
I'm hanging on. I really want to be here when ELD hits $25.
GLTA
goldsucks wrote: stardust4 wrote: National Bank is full of sh*t, they miss the train and try to jump in at a cheaper price.LOL....Gold will move up.
I don't know if it's time to buy, but defenitely NOT the time to sell. Lot's of stop losses will be taken today , and thats what these downgrades were designed to do. Retails were to reluctant to part with their shares, so funds had to come up with new strategy to help them make their mind. These ANALysts are nothing more than paid for announcers, on fund pay rolls. Unless gold really falls this shake out won't last long and new highs are on the horizon. HOLD ON TO YOUR SHARES.