Club Mulgoa

Sunday, September 11, 2011

SBL

The Dow plunged so hard on Friday that I suspect, today, even gold stocks would go down because many fund managers are lemmings. Hence, I just altered my buy price for SBL to 1.5c. I have quite a lot of loss making SBL shares already so I am not desperate for more. But I am looking forward to desperate sellers. For a recent gold producer, it is crazy for investors to sell.

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