Re: Investment strategies.....
in response to
by
posted on
Nov 20, 2008 10:16AM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
RICO..
People are not selling KXL because of the share price...Don't you get it yet..Peolpe and institutions are selling KXL because they have too....
Positions unwinding in hedge funds...margin calls..are causing KXL holders to convert EVERYTHING they have to cash...
There are over 700 hedge funds still to be unwound...a news release will not stop the slide..a pop up and a continued retest of the lows would continue...sit it out and let the chips fall where they will..
We will recover when the market recovers..not before...but I feel your hurt...we are all in the bilge sucking slew water of the good ship KXL..it sucks...but I'll be here to see it turn up...Have a hooker of rum..or your favourite single malt..and watch the action ..or go row around Chester Harbour...Keep you busy...
The sun is over the yard arm...RippleTime..!!
PORTEE