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Message: stock price

Re: stock price

posted on Sep 26, 2008 09:25PM

i don't know where the bottom is, but the stock is historically very cheap. i think silver and gold will rise sharply after the november election, but that could happen at any time if the government miscalculates. however silver could still get cheaper, as the treasury still has time to pound the metals market one last time before the election. if the fed cuts interest rates next month, that should mean the bottom is in.

a good sign is that quartermain was buying the stock when it is in the teens, so he thinks its a good buy at 20 below.

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