EarthLabs Inc V.SPOT

I’m getting shaky hands

[Marchal121]

Don’t know for you guys, I really like this company, but as the SP is approaching the 20s, don’t know how long I can hold. We’re way due for some good news. And yes, I get that gold and al is going down as the stonks goes up.

[factspleas3]

Marchal relax, people are selling for the same reason you want too. There has not been any news that would indicate that there is anything bad on the horizon. I invested in this company because its idea and management are brilliant. I have bought 20000 shares this week alone. As Warren Buffet says We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

[Marchal121]

won’t disagree, fundamentals haven’t changed. But as we’re slowly dropping everyday $win doubled this week. 

[Optional]

It filled the gap yesterday. Should be reversing to the upside today, but if it gets to .27, mortgage your house and buy as much as you can. When gold starts to move again, this should reach new highs easily.

[Sciencegeek1]

If you like the company and are thinking long, then it's pretty risky to try and jump out now and try to buy back if and when it goes lower.  I understand the thoughts though, "hey I can buy back in when in bottoms and increase my share position".  The problem of course is if it bounces back shortly after you sell.  Are you going to be able to buy back at the same

[Marchal121]

I get what you're saying. I'm in at .38, don't think I'll average down. I'm also hoping Q4 will be pretty good but if it's not, it will take to long to recover and I'll have too much capital parked in this stock.  As you seems to be familiar with Newfounland, do you know what's happening with the IDK law suit and what impact on the SP it could have?

[Sciencegeek1]

Don't know more about it than you or anyone else.  That will drag on for years in the courts, but IDK is going to have a tough time proving this one.  But in the absolute worse case scenario, their claims (of which I would say NFG is the minor player of the 3 parties being sued) amount to a drop in the bucket for NFG shareholders given what this thing will be worth in 3 years.