Was surprised there was no previous thread.
I'm thinking about buying some G tomorrow (100 shares).
Thoughts?
Was surprised there was no previous thread.
I'm thinking about buying some G tomorrow (100 shares).
Thoughts?
Looks like the stock is at a relative minimum and will be back to around ~55 in the month. I don't know TA though, I'm just a maths/patterns guy looking at a chart haha.
But overall I'm pretty bullish on gold long-term so it should be a good bet, especially if you can hold onto it.
If Bernanke decides to print more money gold/silver will go through the roof imo.
http://ratracefreedom.net/
Follow my investing journey out of the rat race!
Bought in at $45.39 this morning. See if I can make a few shekels on this stock again.
Good article about Goldcorp
http://seekingalpha.com/article/3201...-by-the-market
Thanks for the article, gibor.
I ended up buying 100 at $45.45 this morning.
Will buy another 100 if it ever hits $43.
I like G, also own ELD they both are great traders and I have no worries for long term either.
I bought 50 at $45.29 in the morning, was going to buy another 50 when it went down below 44.70 (I pay only once fees if buy the same day), but got stuck in the meeting from 3 to 4:30 ....
so if it goes down more, will buy another 50
Last year I sold G at about 52.5 ...hope I'll reach this price until end of Q1...
Maybe I'm wrong, but I'm more optimistic on G than on for example ECA... and for dividends I bought EGL.UN with 10.5% yield
Last edited by gibor; 2012-01-20 at 01:15 AM.