Re: Regulators information
in response to
by
posted on
Mar 09, 2011 03:20PM
Nope..that was me..I sold all of mine between Friday and Monday..I'm a trader, not an investor and TA wise this bad boy was way over bought..Also figured that it would have dropped from the 0.75-.77 range if a paper deal with WTG would have came in BUT I do manage other people's accounts and warned them that I think a serious retraction is coming and might be best to wait in cash since we're at a healthy profit..Some listened and some didn't because they're more the investor type..It's for them that I want to send a letter..As for me, I'm very happy cause I made a healthy profit, but upset that there's yet another jr gold trying to screw the retailer again...That NR was so poorly worded that it became VERY obvious that the management team is looking out for the russians and could care less about the SP and the impact it has on it's investors...Cash strapped after being down only 9 days?????? Who ever is doing the budgetting and forecasting over there should be straight up fired and while you're at it fire the IR guy...Do they not have reserves for things of this nature??? If not, then the level of incompetency within management is through the roof OR something bigger is going on and it's not to make you $$..just my opinion but this looks nasty and 0.53 is not the floor..Be careful and only invest what you are prepared to lose.