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05/02/18
22:12
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Originally posted by waiken
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Thanks also Sol1
It is important to think beyond the current necessary correction in overheated equity and crypto markets globally. Also bond holders will be hurting as interest rates are rising again. I see the crypto pull back as influencing the mood of hundreds of thousands of equity investors who also hold cryptos. A USA broker said last week that many of his firms new investors and young investors were holding equities and cryptos in their portfolios.
Once we are through the global market correction SOLG will rerate. This weekend Ecuador voted to limit the presidential term which now prevents the previous president coming back to contest the next election which is a huge source of geographic risk removed from professional investors calculators.
This was a good day for the BOT operators and accumulators today. Although the price has been remarkably stable. I thought we would get into the 8s and several million would have been sold by nervous holders, stop loss holders, day traders and highly geared holders.
Until the rerate of the subs and a global market readjustment the bears and the ersatz bears here will stay in control. The DGR board and top 20 shareholders could also surprise by taking a proactive approach to the price manipulation. Wonderful gains lie ahead.
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proactive ? please im all ears !
Im Waiting for some decent volume a bit lower. Looks like all the pups got smashed today and SOLG is holding up well at 21p. IRR looks to be closing in on my 23p target .