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First Explorer at the "Ring of Fire" and presently drilling on the "BIG DADDY" Chromite/Pge's jv'd property...yet we were robbed

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Message: Re: cliffs buying at a discount.

Jul 05, 2010 10:50AM

"What I cannot begin to believe is the amount of people selling at .185 when .19 is guaranteed.

very confused at that one"

That's an easy one.

If you are in the money and want your profit now to take advantage of another opportunity, you take the .005 'hit' just to be done with it.

I get that, there is no more than .19 to be had, time to move on. If you have the time to wait for the additional .005 thats great, but others don't see the value in it.

I can wait it out, and will, but in the past I have dumped my shares when I saw the end. .005 wasn't worth the wait when I could make that and more on another trade.

I think it's that simple folks.

JMO

GS40

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