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hate to say it boys and girls, but i just sold, .555, going to probably kick myself but couldnt wait any longer, i had most of this thing margined on suretrade.... lol i got crushed in REDG and just made all my money back in this.... time to start with a clean slate
niiiiiiice
i figured out the trick with that stock, they trade outside the spread when its moving one direction or the other, if you saw when it was in the .95's it kept printing .94's below the bid, that was my trigger to short.... i nailed the bounce a couple weeks back when it fell from over a dollar to mid .50's picked up .5811's and sold em at .96... to bad these types of moves dont happen often haha.
ARCA with shares for days at .543 lol.
and how do you know this for sure..... it would seem counter productive to trap all these shorts and just dump it today... we need a parabolic move first. the company still putting out news.
Short Sales Info for GOFF,setting up for a sick squeeze.... short interest is rising with the volume, if we maintain an uptrend... ohhh baby. http://otcshortreport.com/index.php?index=goff&action=view
same here brother, only i missed out on day 1 but freed my capital and hit it on day 3 when she dipped into the .30xx range.... then added again a couple days later... now letting it ride... but with a careful eye... however im cautously optimistic about this one
pretty sure thats right, I had H&R block explain it to me because i had a ton of wash sales.
I think this will be like SNP* in the sense that they will rip it and make it a huge winner, and use it to compare all their next plays too... so i would be careful next play. past experience makes me weary of their tricks
yep, they will just tug enough to stabilize mid day and then eod ripstick to leave everyone burned overnight
they just put out emails, now they shake for the load up, perk it and run eod.
Good Morning Everyone,
GOFF is showing continued strength this morning with a gain of over 7% in early trading. We expect GOFF to break the 50 cents area very soon if not today and start surging much higher and faster in the coming days.
As we mentioned during the weekend, shares are getting scooped up left and right by investors looking to be part of the upcoming boom in Colombian gold. As shares get more scarce, the price of GOFF increases more rapidly and we believe this will continue in the near term.
With a target of $2 to $4 from analysts, anything below $1 could be a bargain.
In fact, GOFF could start seeing massive jump of 20%-30% per day at this rate!
As we mentioned during the weekend, there are 3 main reasons why GOFF is about to continue to rally in the upcoming days and weeks:
1) When mining stocks are on a rally they tend to run for weeks and months. Perfect examples are BTO, CNL on the TSX which both saw epic rally of 900% and 400% respectively. Even our last mining pick saw gains of over 400%. GOFF is definitely showing no sign of slowing down.
2) GOFF could be very undervalued right now when compared to some of its competitors in the industry:
B2Gold Corp (TSX:BTO) - Current market cap: 1.23B.
Continental Gold Limited (TSX:CNL) - Current market cap: 761M.
AngloGold Ashanti Ltd. (NYSE:AU) - Current market cap:910B.
Goff Corp. (OTCBB:GOFF) - Current market cap: 123M.
It is very possible that the buying pressure that we are witnessing are from smart investors and institutions that see GOFF as an undervalued play when compared to other mining companies that have properties in Colombia.
3) Investors are loading up in anticipation of a positive report that would show strong potential reserve numbers from the La Frontera Property. The company already hinted on Friday that its property could have similar attributes to the Marmato Mountain which holds over $22 billion dollar in potential gold.
In our opinion, this could be a great time to accumulate shares before GOFF double or more in the near term.
Your AwesomePennyStocks Editor.
Emails hitting now too, they want to push this momo
such a beautiful chart, reminds me of GNI* so bad, and imo that was the most successful promo this year. And APS wants to show them whos boss, we should start ramping up in pps and volume on the dailys
i will say my recent experience with mailer promotions tells me thnis is how they go, they run em in the am, then hold most of the gains for an eod run, and gap the next am... rinse wash repeat until dump day.
for some reason im nervous about today, been watching closely.... without that big bid i know madness can be just a momeny away.
i agree, prolly defend .48's today and base it around here, for the inevetible blast through 50's
magic. lol. haha idk how it happens but i truly think when it does, it triggers a lot of automated stop losses and that in turn burns everyone out before they run it right back up, and force them to chase a re entry
if they throw that big bid in there to prop it up we will blast through .50, the people love the big aps bids
everytime we break into the next penny the ask gets assaulted lol
Lol yessir I didn't think people actually believed that bs lol.
I get the feeling aps is out to prove their still number one haha, with promotions like GNI* and ECA* there is some solid competition. But the pockets run deeeeeeeeeep at aps enterprise lol
up about a dime on my entire average.
i ended up getting in on whatever day it was that it dipped into the .30 range, i just happened to look at it and it was mid way through that dip, and i sold off a position and snagged all i could, ended up getting some .306-.308, and then i also snagged some higher over the next couple days when it would dip.
hahaha and i thought i was the only one that looked through the orders just to find mine :p
my advice bro, dont dump anymore money into this if you have enough money to continue trading, then look for other plays.. dont become heart set on one play, its a "sunk cost" dont let it factor into your next trading decisions, thats how you get burned in this game... just my .02 from somebody who has lost over 10k due to greed in pennyland.
Hi Everyone,
GOFF saw a spectacular performance on Friday closing at yet another new high of almost 46 cents. There is no doubt in our mind that comes Monday, GOFF will break 50 cents and start moving higher much more rapidly.
You see, GOFF has traded over 350 million shares since it went public and with a ton of investors scooping up shares every day there could be little shares left in the market for any new investors to buy. This leads to a much smaller float and a faster increase in price appreciation.
The momentum is about to continue this week as more investors uncover this gem.
GOFF could be on track to reach $4 as suggested by a recent CFA analyst.
Wall Street Doesn't Know this yet and When They Do Watch out Above...
GOFF has over 3,000 acres of prime gold land in Caldas, one of Colombia's most prized gold sectors. What most investors don't realize is that GOFF is among the very few public companies to be granted a rare mining license from the country's government.
From GOFF's NI43-101 report, "The mining concession contract LGC-15011 was registered in the National Mining Registry August 21, 2012 and expires on August 21, 2042."
How rare you might ask is to obtain a license to mine in Colombia? Read the below to fully understand how valuable GOFF's mining license is:
A report on Colombia mining stated: ". Between 1990 and 2001 in Colombia, 1,889 mining licenses were awarded (157 per year)..." The report further added that as of right recently about 20,000 applications for a license are still pending and still not yet approved.
How long would it take for a new mining public company to get a license when in the past only 157 per year were granted? Quite a while. Let's not forget that Colombia offers copper, coal, silver, and other mineral properties which means getting a license to mine gold might be even be harder to obtain then most people think.
GOFF has a clear head start with their mining license and this can only mean huge potential for early investors in GOFF. This also makes them a very attractive candidate for majors who wants to buy a huge property like The La Frontera with an existing license to mine!
Could GOFF be sitting on Billions of Dollar in Gold?
Just this past Friday, the Company announced that its La Frontera Gold Project sampled area may indicate excellent potential for a deeper, higher grade of gold source. This new model could increase potential resource value by a multiple of ten times the original targets.
Meaning GOFF believe to have found a quality of gold that is 10x more valuable then what they previously estimated. Things are starting to come together for GOFF and it doesn't surprise us that a recent analyst valued the La Frontera property at $2 per share, we could start seeing more interest while shares are still under a dollar.
The Company further stated in their press release: "A similar model has been developed at Marmato Mountain also in the Caldas, Colombia District, which has measured, indicated and inferred resources of over 14.2 million ounces gold and 89,000+ ounces silver." Basically the Marmato Mountain in Colombia could hold as much as $22 billion in potential gold reserve.
You might recall in our previous newsletters that Gran Colombia Gold currently has a project in Marmato that is expected to yield over 400,000 oz of gold starting in 2016. This would equate to over $642M. in potential gold value to be uncovered.
Should the La Frontera show any hint of holding that much potential, shares in GOFF could jump 3-4x in value. Gran Colombia had a huge run to $2.20 in the past even when its Colombia properties were not developed.
Wall Street Didn't See This As Well...
Like most mining stocks, investors buy based on the potential of the properties and based on future earnings. Mining stocks have proven to jump very rapidly in value at the hint of any large potential reserve. This could be the case for GOFF in the very near term as they continue to update shareholders. They are already hinting to the market that the La Frontera property could be very similar to the Marmato property which could be worth billions of dollars.
But more importantly, GOFF could be very undervalued right now when compared to some of its competitors in the industry:
B2Gold Corp (TSX:BTO) - Current market cap: 1.23B.
Continental Gold Limited (TSX:CNL) - Current market cap: 761M.
AngloGold Ashanti Ltd. (NYSE:AU) - Current market cap:910B.
Goff Corp. (OTCBB:GOFF) - Current market cap: 123M.
Value investors looking to be part of the upcoming boom of gold in Colombia could start loading up on GOFF in the near term. GOFF is clearly the most undervalued company when compared to the market cap. of other companies in the sector.
GOFF has shown a steady rise of over 5% every single day. Where will you be when it starts moving over 20% per day? We strongly believe that the momentum is about to get into a faster gear and you will want to be apart of it.
Your AwesomePennyStocks Editor.
pennystocks.com is APS, so is titanpennystocks, and pennystocksexpert, and about 10 others.... I have the whole list and i subscribed to all of them, and they go to a dedicated email.
Haha how sick would it be if SMA came out on this as their pick. Goin straight LEX* style. The chart looks good for typical SMA promo
Just another term to use when referring to shares you have shorted. Cheddar explained it well.
dont be fooled, there most certainly is, but you need to know where to go to get borrows.... www.tinyurl.com/suretrader thousands of stocks including pennies can be shorted. 6:1 margin and credit card funding...
Tony its the sad truth about it haha, i took my loss in REDG and im almost back to even because of GOFF lol, but I know a lot of people who are down and out now because of REDG. sucks, i hope it makes a rebound for you guys.
.4535 close boys and girls.... have a great weekend! Easter bunny rally came early for us
awwww cmon brah, this thing has been following the same pattern on the daily, cant blame you for taking profits but.... you had to have a little piece of you that said before you clicked sell..."this beast is going to run at the end of the day".... haha just kidding bro, its all mind games here... be happy you took profit and look for re entry should you so desire.
I love the 2 milly bid, oh APS welcome home friend...
Get a suretrader account ready so you can play both sides of the fence next play
Usually every 6 weeks or so
They do, but somebody has to buy the shares you sell at the top ;)
Www.tinyurl.com/suretrader they have shorts for tons of penny stocks and a sick mobile app. They have shorts for GOFF and also had GNI* and many other promos. And 6:1 leverage and no PDT rule
yes you can short penny stocks depending on your broker