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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Condor who wrote (57374)12/21/2004 5:19:45 PM
From: Taikun  Read Replies (1) of 74559
 
C:

Re; SN

I liked that move today!!

I have kept all my positions in GCE, PVM, WTN, NNE.A, S.TO and FDG. I also have the coal termial operation WTE.UN which is targeted to pay $1.20 in dividends in 05. They are a $12 stock that was $6 in May and they also get a cut of the coal price for coal volume in addition to the shipping rate. Grande Cache and FDG use them. Nippon Steel and Posco just announced coal contracts about double the 04 rates.

That said, since there is an economic slowdown coming up, I will be lightening up on some of these positions, maybe as early as mid-January.

D

PS Three people on Big Dog's BBR picked TGA as stock of the year for 05!
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