What is your definition of "any time soon"? A couple of days, a week, a month?
Personally, I have learned that if you roll with the punches on a string of down days, and the stock is fundamentally sound, you will be rewarded because it will bounce back. Patience and a plan are required when playing in the stock market. There is no room for emotional trading. As many have stated, GSS, like most mining stocks, moves with gold, only in more pronounced up or downs.
Sentiment: Strong Buy
Ah, and your real personality is starting to shine. Or did you just assume I was Scottish with that skirt comment. I am a realist too...don't need any sunshine manufactured for me. Read your charts all you want, but I will tell you right now if you think fundamental chart analysis applies here when we all know gold and mining stocks took this recent downslide due solely to Fed comments, then you are not as much as a realist as I am. You appear to trot out your chart analysis when it is convenient to drive home your point. And most of what you have posted of late has a negative lean, despite the current gold environment. If you want to call me a "rah rah" person for believing we don't come anywhere close to retracing to 0.42, knock yourself out.
Wow, that is what you are basing a topic header you put on the board presented as "fact"? Sorry, you can't make a speculation leap like that. Again, there was no such "part 2" of the deal. Flagged.
The only "part 2" of the deal was for BMO to be able to buy an additional 2million+ shares at $0.66, so show me the link or press release of your claim above, otherwise I call bull and report you for fraudulent posting.
I have already noticed and counted 9 mining stocks (all but one gold) that I own or at least follow have now gone green. For those that have been suckered into selling this manufactured drop, their loss. For those of us that took advantage of it, our gain. GSS is down the most of any of my holdings. One more reason to think it is oversold.
Well handline, you have just been given a second chance to get in the metals market you regret not getting into earlier. The Fed minutes have created enough of a panic in gold to offer up a good buying opportunity if you are brave enough to jump in. I suspect this will be a fleeting opportunity.
Agree with both of you. The FOMC crying wolf yet again has presented us with a buying opp I thought I wouldn't see so soon again, so I sold some other stock I had made a nice profit on and bought another 12,000 shares to go along with the extra 18,000 I bought a few days ago. Now sitting with a nice 6 figure sum of shares averaged in below the current price and have no intention to sell until a good price tempts me too much.
Sentiment: Strong Buy
I've read enough of your posts now Boehmer to label you a soft basher parading as a long. Sure I could be wrong, but I personally put no credence in anything you say at this point.
And nice timing on announcing the deal after a big up day yesterday of $0.05 and a very good gold day today. Could have been a much rougher day for the pps than it has been.
The risk is on BMO. They would have never done this deal f they didn't feel confident there is more than a good chance at price appreciation. Finance companies like this like to pick the best options out there in putting their money to good use.
I could see it making one push toward the 0.86 resistance mark on a good gold day, but I don't see us breaking thru that "wall" until after the earnings call. I agree it will likely keep settling into the current range.
I'd hardly call his post destructive. Lighten up Stude.....the question/comment seemed fair to me and no worse than you, Vngmm or anyone else commenting on the "crimex" activity.
Well, there is a new spammer tactic I haven't seen before. Come to another board and act dumb about a stock you are actually trying to "advertise".
It is and has been such a rigged and crooked system, and I agree having someone else out there with the power and means to throw a wrench in it is refreshing and encouraging. No doubt the day will come when it all blows up and the damage will unfortunately go way beyond the perpetrators. It's why I have abandoned most stocks in my individual account and stock funds in my 401k and and gone primarily to cash and gold/ silver miners.
Candascam is working for bosses that told him to kick the premarket bashing into overtime when they saw what gold is doing premarket today. They need some unsuspecting sellers.......those that don't know gold is up $24 premarket right now. Once the market opens, candasacam will be told to move on for the day to other bashing jobs as this one will be futile.
I was around and invested fairly significantly when we were at that 0.86 high back in early March, 2014. Can't tell you how much I was kicking myself as I rode it down the last couple of years. Only bright spot to that tough drop was a chance to average down. I got my average down to just under 0.50 and now enjoying being nicely in the green with more shares than I did back then. $0.86 might prove to be a resistance point, but I am now confident GSS will break thru it this time.
Sentiment: Strong Buy
At close of market May 4th per a press release. Conference call next day at 8:30am. Thursday the 5th Should be an interesting day for the stock. What are you waiting for to get in? This price at end of day today (0.70) is a gift for those that were sitting on sidelines when it got over 0.82 a couple of days ago.
Sentiment: Strong Buy
Right....no one has any idea what stock will do tomorrow, but you are certainly playing with some hyperbole there Wendy. Makes me think you sold some and would like back in at a lower price? Double digits gains every day?!? Let's look at the last 10 trading days starting with today & going backwards: today even, up 10%, up 18.6%, down 1.6%, up 11%, up 2%, up 7.5%, up 2%, down 2%, down 2%.
So up double digits 3 of last 10 days and down or even 4 of last 10 days. Seems like a pretty healthy pattern already for what we would all agree is a very undervalued stock. You have your view of things I guess and I have mine. You say up over 500% in last 3 months. I say down 10% in last 25 months. See, I can play with the numbers to make a point as well. ;) My point being it makes more sense to look at it from the 10% down long term since it is still very undervalued, vs looking at it being up 500% short term AND STILL being undervalued. Now if it was up that much and overvalued, different story.
Here's the deal at least in my mind. The minute you start thinking you can assume how a stock is going to behave, it slaps you in the face. I sold some the morning of the up 18% day at 0.64 with the thought it would consolidate and I'd get back in at 0.60. Yeah, that didn't work out to well for me.