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21-09-2011, 03:20 PM
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This Vectors Gold Miners is currently ~USD65. How low does it consider good time to buy? Besides, this is US stock. Do you have few local stocks with target price to purchase that you can recommand too?
Quote:
Originally Posted by 1973
Hi,
Since I am not a certified financial advisor, I am not suppose to give any investment advise. The following is my sharing. What to do with it is all up to individual. Please don't come back to argue with me why is this my choice etc....
I am quite confident with my investment. Do not use money that you cannot do without with for at least a year. This investment is suppose to be in and hold for at least half a year. If you do that, I am almost quite certain that you may be quite happy by that time. Short term, the price may move up and then drift down in the next few weeks but there is no guarantee. No body can predict short term or even long term with 100% accuracy. ok...
Market Vectors Gold Miners ETF (NYSEArca: GDX )
I am just in a rebellious mood and wanting to go abit more public.....
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21-09-2011, 04:36 PM
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Quote:
Originally Posted by Unregistered
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Yar nowadays beauty packages also a lot of aggressive selling.
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21-09-2011, 08:06 PM
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Senior Member
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Join Date: Aug 2011
Posts: 31
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Quote:
Originally Posted by Unregistered
Can you provide more detail? Which stock to buy and when is the good time to buy? This will be more fruitful.
Thanks you
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As I have written, I was waiting for a confirmation signal and this week I got the signal. This stock went up tremendously for more than 2US$ immeidately yesterday I made the post. As I have written, price is likely to rise immediately and may then decline gradually to current level again in the next few weeks and then it will be the firework (i.e. it will rise continuously in the next few months) making huge gain.
The stock as I have clearly written is
GDX: Summary for Market Vectors Gold Miners ETF- Yahoo! Finance
It is US listed. As you can read from all my previous posts, I am only keen with stocks that have the potential to make huge gain in longer term. I am not sure if there is any listed in SGX that pass the mark but I'll pass if I don't know much about them.
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21-09-2011, 08:12 PM
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Senior Member
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Join Date: Aug 2011
Posts: 31
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Quote:
Originally Posted by Unregistered
This Vectors Gold Miners is currently ~USD65. How low does it consider good time to buy? Besides, this is US stock. Do you have few local stocks with target price to purchase that you can recommand too?
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If the stock will be doubling in 6 months or 1 year time, does it matters that you bought it at $65, or $60 or $63?
As I said, buy it and hold for 6 months, then you are free to decide if you want to continue to hold or sell.
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22-09-2011, 09:54 AM
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Quote:
Originally Posted by 1973
If the stock will be doubling in 6 months or 1 year time, does it matters that you bought it at $65, or $60 or $63?
As I said, buy it and hold for 6 months, then you are free to decide if you want to continue to hold or sell.
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From the link which you have provided, this stock has been as low as 17.80 in Y08. Currently, it is 65+ which is the highest for it's whole decade. From common sense point of view, it seem like there is room for it to go below 65 instead of going up to 130 in 6 mth time.
Sorry, I am just basing on common sense/ rational thinking.
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22-09-2011, 09:54 AM
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Quote:
Originally Posted by 1973
As I have written, I was waiting for a confirmation signal and this week I got the signal. This stock went up tremendously for more than 2US$ immeidately yesterday I made the post. As I have written, price is likely to rise immediately and may then decline gradually to current level again in the next few weeks and then it will be the firework (i.e. it will rise continuously in the next few months) making huge gain.
The stock as I have clearly written is
GDX: Summary for Market Vectors Gold Miners ETF- Yahoo! Finance
It is US listed. As you can read from all my previous posts, I am only keen with stocks that have the potential to make huge gain in longer term. I am not sure if there is any listed in SGX that pass the mark but I'll pass if I don't know much about them.
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Please lar every single uncle auntie in the street now is trying to go long on physical gold, gold schemes, gold ETF, gold related companies. You rah rah so much in the end just preaching what the whole world already know.
Make a prediction when exactly you will enter short and long before it happen then we believe you. Tell us I did this I did that last time after results are known got what use?
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22-09-2011, 01:38 PM
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Senior Member
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Join Date: Aug 2011
Posts: 31
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It is very clear from my posts that I am 100% in (1.5 millions) on the very specific day I made the first post on the stock. It is not a hindsight thing.
On the vey day I made the recommendation, the price was at US$63.5. That very night, when the US market opened, the price shot up more than US$2.
We will monitor this share price as time goes by and we shall see what happened.
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22-09-2011, 08:17 PM
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Senior Member
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Join Date: Aug 2011
Posts: 31
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Quote:
Originally Posted by Unregistered
From the link which you have provided, this stock has been as low as 17.80 in Y08. Currently, it is 65+ which is the highest for it's whole decade. From common sense point of view, it seem like there is room for it to go below 65 instead of going up to 130 in 6 mth time.
Sorry, I am just basing on common sense/ rational thinking.
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To keep thing short and concise, these share price is high for good reason. Gold and silver prices have made record high but they are not fully reflected in the huge profit growth that will be recorded in these miners in future quarters.
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23-09-2011, 12:51 AM
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Gap down
Quote:
Originally Posted by 1973
It is very clear from my posts that I am 100% in (1.5 millions) on the very specific day I made the first post on the stock. It is not a hindsight thing.
On the vey day I made the recommendation, the price was at US$63.5. That very night, when the US market opened, the price shot up more than US$2.
We will monitor this share price as time goes by and we shall see what happened.
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GDX gap down..$60 now..
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