Post by
Diamondboy123 on Jul 25, 2022 11:42am
1.59 Canadian.
This thing may go below a dollar us soon. Unbelievable.
Comment by
GardenManman on Jul 25, 2022 12:49pm
back to the level of July, 2020. That means: 2 years, all new WRN investment position get capital loss , patience is final excuse, Paul, vitton, if you guys can't bring the deal or something, buy back with your own money now to avoid feeling shame.
Comment by
GardenManman on Jul 25, 2022 12:55pm
for institute holders, don't overthink, such as Golden sach, some holding just for their clients,it has nothing to do with Golden sach.
Comment by
MetalMinded on Jul 25, 2022 1:06pm
It's just the hot money with short timelines and immediate rewards, or short seller, that are selling. At least that's my opinion with these low volumes. Reminds me of the days when I was building my position and I had to be careful how many shares and how often I bought to try to avoid price reactions to my volume.
Comment by
GardenManman on Jul 25, 2022 1:16pm
I wouldn't sell unless they fail again in November or Nasdaq offer opportunity.
Comment by
Diamondboy123 on Jul 25, 2022 1:28pm
That position metal only bears weight for so long. You've been saying that along with others since it began falling in the mid 2 dollar range to 1.57 today. Will you say the same at 1.5, 1.4 under a dollar? At some point you come to the conclusion that th3 deal ain't happening. Just like circa 2010 and 2011. Looks really really similar.
Comment by
GardenManman on Jul 25, 2022 2:56pm
Newmont crashed with -13%, major has big pressure, all gold mine dropped, so Junior get punched.
Comment by
Diamondboy123 on Jul 25, 2022 4:19pm
I've bought for over 12 years. I've bought over 100 k at times. I never moved this equity more than 5 cents in a day never mind a trade. Wrongo Metal . Sorry Clarke. Respect to your pops.
Comment by
Sooner on Jul 25, 2022 4:26pm
Db - many of us are in same boat as you....I'll admit it...I'm under water with WRN ....at the same time it could turn quickly. I'm holding for the next 2 years or however long it takes to get a reasonable return. I suppose it could go down to $0.5 usd a share ...but I'm banking on the fed folding and metals to take off again at some point.
Comment by
EvenSteven27 on Jul 25, 2022 7:23pm
Heywood, I concur. I'm holding back investing anymore until it drops under a $1. I have freed up and put powder in my account for if and when that happens. If it doesn't, still all is well.
Comment by
MetalMinded on Jul 25, 2022 5:41pm
If that were true, then you'd recall the times when volumes were 80K a day or less. Buying 10K in one fell swoop moves the price. Maybe you haven't been as "involved" as you portend to be?
Comment by
GardenManman on Jul 25, 2022 7:43pm
Db, moneyman's strategy is better, trade it instead of waiting, trading means that you can do some control to your portfolio Instead of put expectations o unqualified management or volatile commodity maket.