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Re: Destinator post# 7062

Tuesday, 05/15/2012 12:51:05 PM

Tuesday, May 15, 2012 12:51:05 PM

Post# of 12573
Not every investor has the same degree of patience as an analyst or other investors and in this case the "impatient" investors were correct in their judgements. Those that were "patient" are now afforded the opportunity to buy three or four times as much stock as they could four months ago. Goldcorp traded at $51 on March 1 - it's now $33.78 - so I guess the "impatient" sellers in March were stupid and didn't practice what every analyst was preaching back then (See RBC/Scotia/Canaccord reports) and are now afforded an opportunity to accumulate Goldcorp 33% lower in 10 weeks. That is what happens when you run into a really ugly and "smelly" market.

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