Re: Treading Water
in response to
by
posted on
Feb 13, 2013 04:01PM
The XAU and HUI Indexes have been in renewed retreat since about mid-September while Probe has done quite well over that period. With the time mood of negativism continuing in the general pm shares it does have a tendency to get to the better ones, eventually. But when the XAU's and HUI's turn higher it is the better acting ones that are expected to lead the charge and certainly, PRB is in that group.
Instead of selling, and sure they could shave some pennies off Probe, one might consider mentally preparing themselves for accumulating the top performing pm shares on any further weakness and certainly, again, PRB is in this group.
As far as financials are concerned, I personally wouldn't put a penny into any equity that lied about their net worth, regardless if it continues higher.