Club Mulgoa

Monday, April 18, 2011

Bad day

There was trouble in Burkina Faso with gunshots in the capital. Welcome to Africa! I sold a small parcel of GRY and AMX each. Good move but they will rise in time.

And then some investors don't like the JORC compliant resource announcement by PIR so it was marked down severely. But that announcement is not final and does not include all its tenements. Still, when a major shareholder(s) decides to dump, the share price often plunges... and then recovers.

And GTE must be one of the best trading stocks around. It has been yoyoing but it is too tiring to trade for me.

And lots of bargain stocks I have bought recently are not seen as value yet. So patience is a great virtue in the market. But look at the price of gold!

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