Re: No Surprise
in response to
by
posted on
Feb 10, 2012 10:29PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
SAN is very "oversold" right now.
http://stockcharts.com/c-sc/sc?s=SGR.TO&p=D&b=5&g=0&i=t21160257406&r=3395
Normally, wait for it... this is a buying opportunity... Well, I'm not buying another share. Oversold does NOT mean that the SP will move upwards. It could continue to sell off. The question for me is do I cut and run now or continue to hold long term (and buy a case of pepto bismal)? Rookie, where are you?