Pinnacle Activity Ticker
Private Placement-Good or Bad
I have been involved with a few Private Placements in the past and have had a few opportunities come around again this summer. I wish I had some great success story about the time I got in on a PP and made a killing then exercised my options and made another killing. Things have not timed out right and I have had very modest success.
I tend to b switching my focus and my funds towards gold. Its just my opinion but when it comes to gold there are so many opinions on where its headed that I thought I would throw in my 2 cents. The gold PP chances lately scare me a bit. Do I really want to lock up my money for 4 months in hopes of a good run. Sometimes the run happens and your hands are tied, only to find the price down by the time you can trade.
Gold is so volatile but I think most agree we will be up from where we are today by the end of the year. Demand is high and supply is cooling off and lets face it the global situation looks bad as well. I think when it comes to gold I want to free trading at an moment even if I do get a better buy-in than the going rate. There have been a few I missed and would have gambld on but thats old news.
Now the story would be different if it were an emerging tech company in the development stage or just ahead of going to market with a new product, as an example, alternative energy, solar power, new bio-fuel etc. These types of companies you get a good discounted price on and if they have a strong following and a good product by the time you can exercise your options you are probably doing well.
I would love to hear some good and bad Private Placement stories from members of PD.