News Focus
News Focus
icon url

PennyTanker

05/27/10 12:23 PM

#52539 RE: skyhawk66 #52535

In an ideal world, it would continue to climb, but smart investors stop and consider alternate scenarios. What if the minerals aren't there in the quantity indicated by samples? What if they get slapped with a lawsuit for misinformation through a PR? There's a whole myriad of scenarios that can flip this thing on it's head. Are they likely? Maybe. Maybe not. But I'd much rather fall on the cautious side of the fence and protect myself and my money as opposed to relying on hope and prayers. The sort of reckless trading strategies that many have posted on here may not catch up to people on this one, but the odds are stacked against them in future trading.

90% of traders lose money in investing. Keep that in mind when you are considering one's opinion. Not all investors can be winners!