Bought a little ngt today myself to get some into an account i usually neglect, i had been hoping for some of it to come out lower, maybe to the low .40s [and it still could, being July and all, imho], but after yesterday felt glad of the downtick today and tucked those away .... i got a bunch of the warrants averaging a little under .08 acb [acb = 'adjusted cost base'] starting last tuesday ... offering a few of them now at .25 and .32 -g- ... just for fun, the orders will expire unfilled i'm sure ... on the common i have more reloading to do
xcl.to though ... i was buying last week, and a very few monday, in the .40s ... some from the offer too, but only because the offer came down nice and low to an old s/r point, the high of a couple of years during the gold bear .... i don't think i would have bought today, had i not partially reloaded trading shares already ... in fact i was considering letting some go, saw it bid .65 and last at .66 at one point, i was thinking maybe it would retrace to .55 and they could be replaced there .... ? - ya never know ... in any case, i didn't, wasn't confident about getting them back ... but if that happened, it would just be part of the share making a bullish pennant out of the late spring action imho .. the spike on hype and on top of a gap-up was weak, had to retrace, just had to ... well now it has, what will it do next i dunno but i suspect higher by october, quite likely considerably so, and in a more healthy manner ... but i'm prejudiced, this is my long-term favourite, it's been good to me for years, you may be better off listening to a less enthusiastic voice on it
They're both favourites, ngt and xcl, i fear i have influenced you on them ... scares me Peach, i'm no guru and never want to be, had a little luck in the market sure but others have applied themselves more effectively and made themselves far more luck .... and they're not gurus either, smart ones among them don't want to be, you take even a Claude Cormier, he's made a few wrong-way turns along the line and he'll make more in the future, guaranteed ..... sometimes even being right far too early makes you really really wrong for a long time ... but one thing with those two shares, if you go broke on them, so will i -g- ... the PoG will make or break them both, and at this moment it's swinging our way - kitco.com |
