Precious metal company Warrants Message Board

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Gold/Mining/Energy : Precious metal company Warrants

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To: LLCF who wrote (515)	4/27/2006 1:44:56 AM
From: Nevada9999	Read Replies (3) of 681

I am having a hard time buying warrants until there is a significant correction. My last warrant purchase was AEMLW at about $1.50. Sadly, they are all gone now. I made a very healthy five digit gain, but left six digits on the table with them at $19 today. I need to keep working on my trading strategies. Emotion kills profits. Meanwhile, I've been spending some spare time on dividend paying stocks and NAT is looking too good not to mention. I've been following it since 2003 when it was under $20 and had a 35% dividend. I just couldn't believe it. It went to $50 and then corrected for the last 13 months. Today it gapped up through the LT downtrend line and the 200 dma. The dividend is presently 24% per Yahoo. That might be somewhat exagerated since it is based on 4x the Q4 payout, but 15-25% is typical for this stock. They have 9 Suezmax double hull tankers, with 8 operating on the spot market. The chart says this one is going higher, but with the dividend it looks hard to lose on this. The next quarterly dividend should be payable early June to owners of record in mid May. The dividend causes significant moves in the share price.

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