ADU 0.00% 71.5¢ adamus resources limited

If it gets low enough I will double my stake,...

  1. 10,469 Posts.
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    If it gets low enough I will double my stake, temporarily.

    Nothing wrong buying low if you have confidence in the company and economic conditions are right. I would now be buying ADU for a trade, except I still feel that the US market has not had a proper shakeout and I want to hear some hints of an economic rescue package.

    I keep reading too many reports/views indicating that the US market is due for a much bigger fall then the 7% correction it has had (now only about 5% after the recent recovery). I think what we are seeing in the US market is end of quarter window dressing. However, July is usually a positive month for their market. On the other hand, if the companies start reporting lowered expectations and economic data is poor again, then I think their market will fall and take other markets lower.

    Many goldies did have an upday, but most were small gains, unless they had some good news such as RSG/SLR.

    loki (It is all in the timing.)
 
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