Stan: XWG:
I didn't say I wouldn't buy it at $3. I said I wouldn't buy it "UNTIL" $3. But, that wasn't the point anyway. My only point was that if it has a correction similar to DHB, $3.00 would be inevitable. Frankly, when a stock goes from $.50 to over $9 in such a short period of time, it is beyond my comprehension how ANYONE can buy it. I would use the HWeb argument even if I didn't use my own. Who is buying at $9 (or $6) when they could have been buying at $.50.
However, my argument is simple. INCREDIBLE paper profits have been made. Too many people (like me) refuse to see their massive profits get obliterated. Thus, huge rises mean huge declines. It is just a question of when.
This is not a prediction on XWG going to $3. I was only commenting on your DHB comparison. So, please all you XWG holders, don't jump on me about predicting another 50% decline.
Len
Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.
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