Any hope on GSS? Now trading @ $2.88. GSS is a real stinker in my portfolio. The first time I bought @$3.61 and sold just above $3.40. Second time I bought in the mid $2.90...Once again I am looking at losses.
ya that one is an ass of a stock. And what the heck, I sold some gsc last week and now I can buy it back for .35 less. The trading in gss has some fellow trying to offer the stock at the lowest possible price point. When I see a stock like that go down on nothing but buying at the ask, it makes me think the fellow selling is leaning into the wind so lets take him up.
fundamentally, they are being sold on operating difficulties. But they still have a plan to increase gold production this year by more than 100%. When this stock or any other pm is near or past technical break down, the masses appear to forget that operating performance is meaningless when the leverage and increasing production and reserves are how to value it. I have confidence in gss despite the chart breakdown.