Agreed. I know I'm not upsetting any long term holders here, as it's only going one way eventually but I agree, more at mid 30's please.
Seifert you make a good point. I just wonder, if one believes in the long term fundamentals of the business, the depressed share price in the current period is good for the long term holder. If you are not buying on margin, you can keep building on your position whilst prices fall until intrinsic value is realised. This way in the end your profits far outstrech that of jumping in and out of the company. This seems like a more logical and risk averse way of going about it.
An interesting look at gold
http://etfdailynews.com/2013/12/10/the-correction-isnt-over-but-golds-headed-to-20000/ Remember, its just one more opinion.
Howsey - I sold at 46 because I also see one or more major dips before the court case. I'm going to hold on for some mid 30's
Good post. I Like this stock in the long term but you have to follow the herd sometimes regardless of the fundamentals. I am up quite a bit over the past few weeks and I'm not being clever just buying and selling - nothing more. Posters can shout all they like about this stock being worth a pound and one day it may be but not for a while yet. I still think this will drop a little bit more in the short term and looking for sub 40p before topping up. Cheers
for the Resources and Reserves statement before Qtr End as promised.
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