It has been a brutal past 2 years for speculators in the junior resource sector.
Or more correctly it has been a brutal 6 years since the TSX Venture Index topped in 2007.
For those gamblers still holding shares of mooooooose pasture companies that are already down 50-90% probably another 30% downside to long term index support around 800 doesn't matter.
Personally I learned my lesson in2008/09 and sold off most of my by then worthless crap that even contined to trade at pennies before delisting (IE Went Broke) in 2009/10.
Where Now??
I was burned once and learned my lesson. (Actually more but 2008/09 was a major burn that left scares)
Now will the speculators/gamblers now burned twice come back again?
Perhaps some will.
How About You?
There will be some HUGE Rock Bottom Bargain Prices at the Bottom.
THE QUESTION IS "WHICH ONES"?
No comments:
Post a Comment