Post by
tgcrosle on Feb 23, 2011 12:02pm
Price down, CFO resigned
Why does the market automatically think news like this is bad? So the CFO resigned, oh well. Opportunity to pick some more up maybe.
Comment by
Naka2112 on Feb 23, 2011 12:06pm
I doubt it has anything to do with the cfo resigning -the nr was clear it was because her husband got transferred to Columbia. It's likely down because of the unrest in Libya and other nearby places. People get nervous when there is turmoil. I agree that it is a buying opportunity. I picked up some at 0.57 today. GLTA
Comment by
tigris72poo on Feb 23, 2011 5:06pm
we don't need a CFO....we did our financing now we can go the rest of the way with farmouts
Comment by
raybay_98 on Feb 24, 2011 9:57am
It's being walked down, therefore, it will likely go a lot lower because the market is 'telling' that another PP is coming and it could be at .40 and I got out last week at a loss. Will now wait for the PP to get back in. Could be wrong.JMHO
Comment by
TheIceMan3 on Feb 24, 2011 10:06am
Ray I'd say you are wrong....you sure flip flop on stocks quickly.
Comment by
raybay_98 on Feb 24, 2011 10:19am
Could be. I just have no 'trust' in a stock that cann't hold above a recent PP and I've noticed that whenever a stock trades down on what appears to be 'good news' and below a recent PP it's time to step back and see what happens. Being burnt to many times by holding. Can always get back in once the 'dust' settles and with less risk. GLTA