RE:RE:RE:One a day to DCA GUG, I tripled my position Long GUG!stockman2021 wrote: CriticalMind55 wrote: CriticalMind55 wrote: Given all the excellent results, what a day to take advantage of the tax loss selling, no changes to the fundamentals of this company, bring it down further and I may double my existing position even more!
Cheers,
Long GUG, if you loved it at .32 you got a love at this price!
Sorry, i meant What a day in my title not one a day...
If you like pump and dumps then I'd say you've pretty much summed it up quite well. From my perspective I don't see much value in any of these junior mining plays and losing so much in just over 8 weeks since that 52 week high is hardly a bragging point. The people that loved it at $.32 probably hate it now but maybe unlike other plays, you may have a chance to recover losses in the new year.
No, I do not see this as a pump and dump story, it could be a sell on the news, but there are a lot of diamond hands here who appreciate hidden value. The latest share acttivity has upgraded the sp trading range from under .05 to .10 for the next phase which could bring it to .15 - .20 agin...now the new shareholders have higher Breakeven points, this will allow slow rise in SP and reduces surprise selling unless there is a valid reason.
Long GUG, have not sold a single share since I bought them, so no dumping here. We do not need to pump, just read the news that the company is posting.