Re: re-cap
in response to
by
posted on
Jan 17, 2008 01:16PM
Agreed my2cents...thumbs up from me !
We are in a pressure cooker gold Bull. We will be the last to see results, but they could become enormous.
I just hope I can weather the storms to come. Its difficult to hold during a multi bagger. Yes they are rare, but do occur when you find the right stock with good fundamentals.
The "multibagger syndrome" is intense. When the rally is going up with millions of volume per minute, you do not want to sell too early. Then all of a sudden the bottom falls out and you think you're done, when in actual fact the correction turns into another enormous rally. But in CSG's case, I won't be selling until many dollars.
Don't get me wrong I'm a firm beleiver of selling half at a double in most cases. However with CSG the fundamentals are too good with Millions of Au to be added monthly until the big boys come and buy us out. Selling during high volume on news, is key with penny stocks. But here, we have a monster in the making. IMO
History repeats itself. 1980's are returning, and CSG management have done this before more than once. And now they can do it while I own shares and while GOLD HITS RECORD HIGHS.
Barz