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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: TATRADER who wrote (19922)1/9/2001 8:25:42 AM
From: Richard Mazzarella  Read Replies (1) of 59879
 
<<RGLD>> What's not to like. It has positive earnings, insiders are buying, it has no debt, and there's nothing bad I can find. Clearly it's destine to have a meteorite hit and destroy its operations overnight? <VBG> The only issue I have with it is that it's trading higher than book value, its goodness is in the price. It's also too high quality for me, I look for more leverage for when metal prices turn, the metal basket cases. The risk in basket cases is that they go belly up before metal prices turn. IMO RGLD looks good as a safe metal that would appreciate with POG improvements, but not as much as the "baskets cases".
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