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Re: Picassa post# 112

Monday, 04/18/2011 4:21:30 PM

Monday, April 18, 2011 4:21:30 PM

Post# of 176
Picassa, since AUMN is still a developmental stage co., there's going to be a lot of volatility on this one, especially since it ran up so high from last year. On a steeply down market day, some folks will take lots of profits. Also, traders are surely all over some of these silver stocks, given their general volatility. So, in owning this, one is going to have to be able to do a lot more "gut checking" and abdominal breathing to cut thru the stress of being on such a roller coaster compared, say, to owning IBM or some MLP oil/gas play....

Unless you're trading this, probably better to just forget about it and look at it in another several weeks to months... at which time it should have jumped higher, assuming more positive news on the co., continued strength in silver price, and general mkts haven't collapsed!

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