Always a good idea to set mental stops.

That means you don't actually program a stop-loss into your position through your brokerage account. But what you do is say "if it drifts below $X.XX, I'll dump it and go somewhere else." Then you actually do it.

No shame in doing that. I've missed out on upmoves because a stoploss was triggered and I dumped the stock never to return. But I also missed out on holding a stock that went nowhere but down because I tripped my stop and left.

There are all sorts of gold stocks flying right now - an analyst I follow is calling for the HUI (gold bugs index) to fly up 50-60%, and very soon, as everyone realizes gold miners are a good place to invest. This guy just called the resurgence of Uranium, the breakout for Yamana and the top of $USD, so he's pretty darn good.

As for what's the resistance for GNH? ... Well, there's the old Hoov hump at .28. It'll be pathetic, though, if GNH goes all the way back down to there. After that, well... 18 cents looked strong once upon a time.

I actually bought some GNH on Friday. At something like .405. See, another of my many stocks surged 8% today, and it was a big holding, so I decided to use the profits to grab some GNH just in case something good comes out....

And then I dumped GNH a few hours later after it plummeted to .38. Oh well, I lost $300 or so on GNH... but that went against $4500 in profits I booked elsewhere. And considering I already made 5 figures off GNH earlier this year, when it actually did something... well....

Good luck with GNH! But just so you all know, there's a world of other explorecos out there who actually put out assays.