Sunday, November 07, 2010 6:30:22 PM
The stock will rise each day and settle within the Bollinger Bands because that is where traders and MMs will take us. Asking for lower prices just means that we have lost yet another day getting to where we deserve to be. I would like to put the penny players behind us and get to a level where institutions like to buy in.
I'm in a Gold Mining stock, 28.5 million in the float, shiny holes coming in, and tendered offers from all over wanting a piece of the action. Huge gains will be made from here and many surprises are in store for us.
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