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Platinum Group Metals Ltd. Message Board

  • frazerbaruchllc frazerbaruchllc Nov 15, 2012 11:56 AM Flag

    Fire Sale

    Always buy more at this level..great future investment..don't let those with a different agenda
    sway you from buying at these prices..sure triple at the minimum. Do your own DD

    Sentiment: Strong Buy

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    • Good advice the uncertainty fire sale in financing will get done as ninety one percent equity owners are made up of institutions and mutual funds and the financing problem is what is causing the discounting of PLG.Once corrected the fire sale will end.I hope the president gets it done before the end of the year or the fire sale will get better.

      Sentiment: Strong Buy

      • 1 Reply to shotshooter99
      • I have to hold my nose - I have come to think this stock is a tad illiquid and loose hand short termers who can't wait until 2014 are dumping out of fear of dilution even though that must have been counted in since despite one of the greatest platinum strikes ever, PLG has been pushed to all time lows, again for like a triple or now quadruple bottom. If you can't be long term here good bye. I have to ride this out. I am long at about 1.00. I hope we get financing and can move forward. I will just be glad if we get back to 1.00. I hate looking at unrealized losses. I hate how a few trade for a few thousand shares and dollars can sap millions out of the company's market cap. But I guess that is how buying opportunities are made. I decided I can't buy more though. I hope this goes to 3 by Christmas just to spite the sellers.

        Sentiment: Strong Buy

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