RE:RE:RE:RE:Art Berman's comments to his slides - my prior postWayned, your comments do have a shade of truth. Buying YGR: A drop to $0.20 could be a possibility and that would 'only' be a drop of 27%. And the upside could be ???, maybe $0.55, and that would give a 100% return from today. I always use the 1:5 rule - its gotta be up 5x the down before I buy more..so I need the high potential of $0.65 to buy. Could be a possibility but do I risk my capital when the world is going to hell in a hand basket? Nope, not yet. So, I hold my too BIG holding of YGR w/average SP of $0.58 because I still believe in those guys and what they are doing. Once the oil overhang is gone, and only $50 WTI returns, YGR will be doing just fine.
Be safe out there, its a dangerous world.