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BullionNation

09/18/08 8:08 AM

#104 RE: THE MATADOR #103

I have been in for over 2 years and have lost my shirt on this one. I bought a bunch when it dropped to $0.03 than ran to $0.57 which covered a lot of losses, but then I kept buying and they R/S again and again. I do believe this new management is better and we SHOULD be closer to $2.00 shortly.
I fully expect to make back much of my losses on this one. I stopped averaging down at $0.45 after this last RS. I think these $0.30 asks are unbelievably cheap IMO.
The NEWS looks good and I agree that I think the drop is more closely related to a lack of interest and weak market right now.
We shall see, but I think this could run to $2.00 in a weeks time. It has run many times before, and when it does, it moves FAST!
Good Luck