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Aurcana Corporation Message Board

  • clubfoolish clubfoolish Feb 20, 2013 2:41 PM Flag

    bought at 52 week low

    This is stupid low, more than a 52 week low, for no reason.

    I just bought another 24,000 shares at 67.4 cents (in keeping with the "own # shares in each acct evenly divisible by 8' rule).

    Now have just shy of 120,000.

    good to go, I think.
    Unless they drop it another ~5 cents or more, then I'll double down by taking profits on my SLW position (which is *still* up 500% from purchase price, after being bushwhacked).

    Sentiment: Strong Buy

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    • Nice job CF. I'm thinking the same thing you are with 192,000 shares. The smash is the gift that keeps on giving. In 2008 I was in all cash and slowly got into the market when it bottomed and rode the metals up making a killing. I wasn't quite as lucky this time, but am still 70% cash and steadily adding. I'll be bidding with you for more shares should we drop a few more cents. I've got enough to do well with what I have, but I'll add generously if it gets even more ridiculous. Did you see the article today saying the Fed might cut back on the money printing ponzi scheme? I laughed out loud. That would mean that the empty suits in Congress would have to slash entitlements and welfare. They don't have the guts. They are parylized trying to make a decision to cut anything substantial now. This will end badly for the U.S. with the precious metals and other hard assets exploding. The end of the story is already written. I willing to wait for the happy ending for AUNFF.

    • IFF, I had your money club.......I would follow suit. Good for you.

      Would be nice to buy these lows. Everything is tied up. I should say all that I am willing to invest in at this time. Spread out and glad I am. My HL and Aunff tanked but my PSTR has climbed 45%, so it is a wash.

      • 1 Reply to colelittle96
      • Don't worry about it even though that is easier said than done. Sure it would be great to buy exactly when the big dips occur, but not realistic. For every share iIve bought cheap iIve got others I paid alot more for. The Aurcana fndamentials are exceptional and no matter how much they can be driven down temporarily, they will find their proper value for you if you have patience. One of the biggest lessons I've learned in my long life (and just over the last ten years) in the market and in business is to focus on why you invested or began a business in the first place. If the fundamentals don't change, sit tight. Things may not happen in your favor as quickly as you want them to, but don't stampeed with the wilde beests. Aurcana is going to make us all a lot of money. GLTU

 
AUNFF
0.35-0.02(-5.66%)Sep 19 3:56 PMEDT

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