"if I had the guts to sell at a loss and buy back at half price I know I would be better off"
Orgprophet, I did exactly that in April/May, then again in September on my theory of buying back much cheaper on TSXV tax-loss selling.
I debated quite a few people about it but stuck to my guns that EU problems would mean two things for juniors:
- Selling pressure from Euro funds that had previously invested and now needed to shore up their cash reservers
- Diminished funding from Euro funds for the same reason
I've started accumulating opportunities over the past couple of days including Avalon Rare Metals and Levon Resources. Have a couple of more in my sights such as Evolving Gold but not chasing anything and strictly waiting to see which stocks have greatest capitulation this week.
Regards,
George
