Replies to post #267 on Goldfield Corp (GV)

[researcher59]

PUT premiums are fairly high .... which ones did you buy ? How low do you expect the stock to fall by expiration ?

[researcher59]

Regardless of the fundamental debate, another issue is IBD momentum traders. It's currently IBD's #3 ranked stock under $10 and plenty of those traders couldn't care less about fundamentals. That makes it risky, but significant overvaluation is a distinct possibility. Some of those stocks have gone through the roof.