Originally posted by Pmys
So sick of this stock. If I wasn't down i'd dump every share I own.
Note to self: Never buy a speccy again.
Cant believe I held this at 90c+ and didnt sell.
what a loser decision.
I hear ya! I held at 75 which is no where near as bad, and probably not as long as you, but my hopes for this stock have been very high from day one, and SP has been miserable.
I have held some speccys that have gone nowhere with no potential and still people hold thoses and are praying for a miracle just to get out at this point.
Which I am not sure if that is any more frustrating than the projects, plans and potential MOD have not equalling an investment that is favourable to the larger market.
A lot of good stocks have taken a pounding of late, and mining is out of favour as a whole.
I hope that investors get more intelligent when looking at the sector and start to put money back in to smart projects.
I can rattle off several tickers who produced a lot of hype and boasting of potential but went nowhere in the end. I don't believe MOD is even close to that catagory, but at the same time I have seen worse projects get money thrown at them.
Rick Rule highlighting that he won't look at any other copper play (explorer or producer) indicates where the market is at regarding copper and the general resource space.
Hopefully smart projects, good teams, profitable feasibility studies, and robust future discovey potential is something investors start to seek out, and find MOD at the forefront of good buying in this space..
I'd settle for a technical turnaround at this point regardless of what causes it. We have a chart no one wants to get into at the moment so fundamentals will just be ignored.
