Re: insider sells...sgc..missed this in June-chris
in response to
by
posted on
Aug 03, 2011 12:33AM
Edit this title from the Fast Facts Section
Hi Susan, yes I have been accumulating and hold now a sizable position of sgc. Now I may have waited longer if I would have spotted that insider sell, it was sizable, but I don't always put alot of weight into one person cashing in some holdings. I stopped buying when the stock started to look weaker and most likely will start again when I sense a bottom. I was abit suprised with this one and also with rm's weakness which I also hold and intend to start adding again soon. Donner, I bought more of today. Looking at holding select stocks for the long run which I feel could be 3-5 baggers. One like Donner I have a tough time believing the stock won't be bought or if not, with the financing almost complete that the stock won't start to get picked up on the radar of the institutional players and start moving higher. Sgc of course is one of Peter's and his faith seems to remain intact. Anyhow buying these particular plays on weakness and incase we see more with a pm correction, just being cautious and selective in my bids.I like them for various reasons, All in all for gold I've switched up to the plays I mentioned today, the small ones are just too frustrating with penny gains on 10-20 dollar gold moves. I have also been acc. min and sqi. I mention these because we follow most of them from pg's site.So will commodities stay intact, that;s our concern.