Post by
oakarbor on May 07, 2012 11:28am
Dry Powder
Given the weakness in the miners and gold metal, I have sold 1/4 of my position here in the mid $1.20's as there is still possibly several weeks til news, mkt weakness, the fact that GWY SP has not benfited from good news in the past. Also maybe a short period between posted drill results with no buyout to discourage investors. The stock drops and then AUX comes riding in. I have GTC orders at $1.04 and
.92 just in case. If we dont pull back I'm happy with the position I have left.......GLTA
Comment by
melone on May 07, 2012 11:41am
You said that last week. You are another one who sold and looking to buy back low.
Comment by
oakarbor on May 07, 2012 11:56am
YES, 1/4 of my position and I have stated my reason for doing so. Do you consider this subtrifuge? I call it a strategic decision which I am sharing and might benefit some readers. I would hardly call being long 35,000 shares instead of 50,000 a reason to wish the stock to fall.......do you ?