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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: onepath who wrote (33859)2/24/2007 2:52:33 AM
From: koan  Read Replies (3) of 78420
 
RNG wts: Glad you got some wts onepath. Here is what will be stunning, if we get say another .50/.75 move next week (which I suspect we will), all of a sudden those wts are going to leap right over a dollar.

For one thing there was an overhang in the wts it seemed to me, so that is part of the reason they are so undervalued.

Remember how the U wts were 7 to 1 ratio (when you got them for .73-lol)(same ratio as RNG??) and I was yelling that was nuts and then remember how big the leap was up from .73 for you .90 for me to $5 in short order.

These RNG wts have a very good chance of doing the same thing i.e. one minute you are watching moves of a few penny's and then all of a sudden these .39 wts start jumping in denominations of .40/.50 a day because a $5 stock can move a dollar a day and the wts will follow like a tail on a dog.

I think, and I could be wrong, that we are going to see these RNG wts get to $5 before anyone can believe it.

I looked at this play and said to myself if I beleive this is going to happen I should have the guts to make the big bet. So I put about 20% of my entire portfolio in them.

If they go to $5 I am done pretty much for a while. $10 and I am done for good-lol. And then for the next 12 months I will be posting from various casinos around the world-lol.

And you can buy me that rum in Belize-lol.

I took a gamble on the EDR wts and MSV wts as well and added more BWR wts this morning. All worked out today pretty much.

Can't hardly wait for monday-lol.
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