PAAS is my 3rd biggest position, followed by SSRI...love both for costs and amazing balance sheets...I notice that many on this board don't pay attention to these things and strictly follow technicals which is a big mistake IMO. I look at technicals but my DD is done strictly old school. Good management being my #1 criteria..Thats why for the life of me I don't get why people buy Iamgold.
I picked up PVG yesterday. Today they released a statement saying the operations are going to cost an additional 100 million. Go figure...I give it a few days. It will most likely recover.Goes to show you that a variety balances out the loses.