Thanks ogi, that makes sense. Regarding you're selling of BGI, i have a short story that might make you feel better...
Years ago i had my broker buy MYNG at about 13.5 cents Canadian. i was buying on the promise by the company that a very favorable report was coming out very soon. i finished buying on a Thursday and told my broker to be ready to get me out quick if the report was not out when promised (the following Monday). Well, Monday rolled around as i sat there just waiting for the report. No report, plus i felt the company was somewhat of a scam. So i got on the phone to my broker and told him to get me out with as little loss as possible. i felt good that he got me at 13 cents Canadian.
you probably can guess the rest of the story, the report came out a couple days late and the stock went from 13 cents to $1.75. If i'd have held on i'd have had a 13 bagger in just two short weeks. It would have been a pretty penny too as i bought about $15,000 worth at 13.5 cents. That showed me what can happen when you try to be too cute. At least i didn't lose too much on the deal.
The company (if i remember right) was named Golden Eagle and they had property in Peru.
regards,
-gru |
