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Eldorado Gold Corporation Message Board

  • paperboy_vip paperboy_vip Mar 24, 2014 3:02 PM Flag

    How many straight days EGO has been down? Did fundamental change?

     

    The percentage down is so huge. It's already priced in whatever the news if any? Please help me find some news if you can find it? This is ridiculous!

    Sentiment: Strong Buy

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    • Just keep it(think about it as a long time investment if it makes you happier), and add more on the way down. I added today some shares and will keep adding if we go lower. I don't think we can go lower much more, but If the market gets back to the 52 weeks low I will start adding lots shares, like I did before. You can check my history posts about EGO.

      P.S. fundamental didn't change. Today was a sell off on all markets. When ppl sell hard across all markets it drags down EGO with it, at some point it will stop and gold will go very fast up, since ppl have to put the money somewhere(gold and bonds). From this moment watch ego goes up. How long it can take to go down I don't know, but since Fed signals the end of cheap money, lots of ppl will take profits. Just wait ...

      Sentiment: Strong Buy

    • That depends on where you bought. While I do have shares at higher prices, I have shares at lower prices also. I wanted EGO to get to $8 so I could cash in on a few more, but it wasn't to be. The market is going to go down unless Yellen ramps up the printing presses to head us for mass inflation. They have two choices and they always pick inflation.

      As for gold, it should and will reflect price inflation because it is a preservation of wealth and always has been. What we are seeing now is more pushing down because THINGS ARE GONNA GET NASTY. Gold, silver and their related assets to preserve wealth. Must buy on the dips to really max capitalization and sometimes deep pockets and certainly patience are required. Not deep pockets, then we must wait it out for all the mucky muck shall pass when the vampires are done sucking the life out of everything.

      Sentiment: Strong Buy

 
EGO
5.415-0.385(-6.64%)11:16 AMEST

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