RE:What won't go up.Mustlovedogs Wrote.
Confused? Simply put, "there are no more markets", no emotion, no forward thinking based on fundamentals, only the design to make retailers, buy high and sell low. Would the nay sayers consider the plunge from $3.30 as evidence of the above? Matt tripoing over himself to do a deal immediately following the Fed Permits at basement pricing? Gee even Ridge is on record for buying in the mid $2's, hense his averaging down posts? Well, MOZ won't go up, bad news, financing seems never to be priced in, or, viewed with any positive light, accidentally on purpose? So, what won't go up, will quite possible go down...once, twice, three times, again? jmo
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No doubt we are in turbulant times so cash is king to take advatage of drops.
If I we;re around to look at Marathon's progress in aabout one year it may have been good to be contriaian? I would be looking at multiple mine in this area of NFLD for the next two decades. Not the mess we see now. Au values,,, looking at what the mining experts say and the Bank buying Au, suggests upside after the pain and who knows what from world events? My opinion keep some cash, most don't and when the real bottom falls the long term may have some rewards?
Dog you can't bite the future events or predict it? I can only go on gut intuition.