Connecting the Dots With GOLDEN STAR RESOURCES, CRYSTALLEX INTERNAT CORP, NORTHGATE MINERALS CORP, and ALBERTA STAR DEVELOPMENT
Market Wire, August, 2007
Combating the Drops in a Dropping Market Maybach Financial Group
Maybach Financial Group is a syndicate of financial analysts, with a core group representing over 250 years of total investing experience. Our focus is to give investors the financial advantage necessary to sustain profit all markets. This week, to gauge the outcome of the resource sector, we are focusing on GOLDEN STAR RESOURCES (AMEX: GSS), CRYSTALLEX INTERNAT CORP (AMEX: KRY), NORTHGATE MINERALS CORP (AMEX: NXG), and ALBERTA STAR DEVELOPMENT (OTCBB: ASXSF). For the full report, visit www.maybachfinancial.com
The Maybach Financial Group www.maybachfinancial.com will be researching the above-mentioned companies to determine their chances of a turnaround opportunity for investors. Visit www.maybachfinancial.com for a complimentary subscription to the Maybach service and receive at no cost our "Special Report#1: The Pick of the Decade" plus a second free report "Special Report #2: Hearing is Believing." No credit card or payment information is required.
The Toronto stock market surrendered the last of its gains for the year on Thursday.
During the course of a roller-coaster session, the TSX lost close to 600 points before making a recovery late in the trading day to close down 200 points. The TSX Venture Exchange also took a plunge down 217.02 or 8.16 per cent to 2,443.82 with resource stocks leading the losers as investors worry that the global credit squeeze could slash demand for commodities.
If you have invested in resource-based stocks, chances are that recently you have been seeing a lot of red.
The metals and mining sector fell 4.4 per cent amid falling commodity prices. September copper fell 24.2 cents, or seven per cent to US$3.09 a pound. NORTHGATE MINERALS CORP (AMEX: NXG) closed down to $2.84 Thursday and appears unchanged at this point. ALBERTA STAR DEVELOPMENT (OTCBB: ASXSF) closed down to $0.585 Thursday but appears to be seeing green arrows today up over 40%.
The gold sector also lost 5.2 per cent with the December bullion contract in New York down $21.70 to US$658 an ounce. As a result, GOLDEN STAR RESOURCES (AMEX: GSS) closed down to $ 2.92 on Thursday but appears to be making a slight comeback today. CRYSTALLEX INTERNAT CORP (AMEX: KRY) closed even at $2.75 Thursday but appears to be losing a little strength today.
The Maybach Financial Group www.maybachfinancial.com will be researching the above-mentioned companies to determine their chances of a turnaround opportunity for investors. Visit www.maybachfinancial.com for a complimentary subscription with the Maybach service and receive at no cost our "Special Report#1: The Pick of the Decade" plus a second free report "Special Report #2: Hearing is Believing." No credit card or payment information is required.
After witnessing the recent plunge in the markets influenced by the resource sector, smart investors and hedge funds are shifting interests into other sectors.
The markets are changing and investors are scared. The Bull Run that we have been use to over the past four years is starting to become more like a stampede in the other direction.
Stock markets are normally volatile, but investors have enjoyed a four-year run of below normal volatility and steady upward movement. Ups and downs, yes. But the Bull Run has been great over the past three to four years and has not ended as abruptly as many have predicted.
But while the end of the Bull Run has been predicted for more than a year, long-term investors shouldn't be worried. Of course, only if you know what you are doing.
First off, don't throw all your eggs into one basket.
Secondly, and most importantly, pick winners that last.
And pick winners that have little effect against the daily ups and downs of the economy. Click here to sign up free to receive your Special Report #1 for information on how to combat the markets or visit www.maybachfinancial.com for your free subscription and BONUS reports.
We've seen oil markets spike, we've seen oil markets fall. We've seen wars, we've seen terrorist attacks. Chances are that the events that occur have a short term impact when you consider the overall factors of a 5-year forecast.
Most investors -- and unfortunately far too many brokers -- go on a buying spree the minute a rally starts in a particular sector. Correspondingly, they panic at the first sign of a downturn and tend to sell off some great stocks - right before the dead cat bounces.
But Maybach isn't about day-trading and making money fast. It's about being patient and learning the secret of how to get rich slowly. Click here to See Special Report #1: The Pick of the Decade - free when you sign up! or visit www.maybachfinancial.com for your free subscription and BONUS reports.
It's also about adding stocks to your portfolio that have little or no effect against the state of the economy. It's about technology
The world as we know it has changed. Gone are the days of tradition and old school values. Thanks to technology, people no longer communicate via a simple phone call or meet their life partners in social settings.
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