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Re: tek1 post# 2277

Monday, 03/24/2014 9:10:39 PM

Monday, March 24, 2014 9:10:39 PM

Post# of 3973
Hello tek1. I want to say don't sweat the dumping but yes, it's something to note. In the case of GSS and other gold stocks it's not a terrible thing. Notice how price can move the same amount over time with or without a large volume dump. Now if there was a volume dump and a HUGE GAP DOWN in price due to the dump then I'd say away. I'm in GSS huge. I was down $15k at one time (average 52 cents) when GSS was down in the 40s (eek!). But I hung in because gold isn't about to tank from the looks of it, GSS isn't going bankrupt, GSS has good proven news etc etc. Knowing what I know now I should have been in GSS @ 44 cents. Anyhow, I'm sticking with GSS for my long term play. I'm watching VGZ like a hawk. VGZ will probably be my flipper stock and it looks like it's about to reverse up just like all the other small gold miners. I'll post on here if the pattern stays true regarding when I buy VGZ. Wishing you the best!