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Angelman

07/31/13 2:21 PM

#18391 RE: Angelman #18390

My guess is that 'Dutch' will be getting back into GDGI when it gets down to what looks like a bottom in this downturn.

The old saying is that you should sell when everyone is buying, and buy when everone is selling.

I started buying back in to GDGI for the second round (after losing in the fall of 2011) in November of last year; a time when the price was less than .002. My average share price now is about .0035, so I am still in pretty good shape to hold my shares.

Angelman

07/31/13 2:37 PM

#18394 RE: Angelman #18390

For those of you who have 'dollar signs' in your eyes about investing in real estate, keep a few things in mind.

Hedge funds account for a large percentage of the average increase in home values right now, and they will not be funneling their billions into the housing market forever.

At some point, they will stop buying, and begin selling their holdings. When that happens, the price for a house will stabilize and may even go down.

Another thing is that stocks are much easier to buy and sell than real estate is. One could buy a house now, thinking in terms of 'flipping' it, then be left 'holding the bag' before they can sell it.

At GDGIs present share price, we are looking at a minimum opportunity to double one's money in the very near future, then later on we could see the price up more than 10X what it is now.

The real estate market just does not compare with the GDGI opportunity.