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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: SwampDogg who wrote (10292)5/2/2006 9:42:43 PM
From: koan  Read Replies (2) of 78426
 
You would sell out of the money wts in this raging bull market swamp dog?

So how would you play it? How are you playing it?

I bought SLW wts at .36 to .39. Reg and A Made 500%. I bought SLW B wts way out for the money for $1.67. First day you could have bought them for $1! All day. I was in New Zealnd and did not see it :($10 strike. 5 years. Stock $12.07 wts now $6.95 now.

BWR wts were .18. .82 today. I think different vehicles are correct in different markets. I am sure you would agree.

Over the 25 years I have been doing this, I have made more money using wts in a bull market than any other vehicle.

I a flat or down market I do not use wts, I use premium exploration plays.

But this is 1980 and maybe beyond in my opinion.

I think it has to be addressed as such.

cheeers
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