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Gold/Mining/Energy : INTL FCStone Inc
INTL 28.12-0.6%Oct 30 5:00 PM EST

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To: Scoobah who wrote (25)5/8/2007 11:49:22 AM
From: IngotWeTrustRead Replies (2) of 31
 
I have mixed reactions to this core holding myself, Scoobah. LOL

The charts told me this bounce was going to be contained in this area, as the first wave of short-covering brought us here. Doesn't mean we won't take another trip to the downside.

A few things come to mind as I review why the crowd has not caught the potential here.

1) The price of physical lead is very hard to track as opposed to ease of tracking gold or silver.

2) The parts of this business can't be "illustrated with a crayon" on the back of a napkin as Peter Lynch is known to advise investors.

3) The momo crowd ran this to $49 prior to getting their head handed to them on that qtrly earnings a while back...they have long memories and lighter wallets now.

4) In the scheme of things, this is a very illiquid stock.

One the plus side...
all the above listed can also be listed... LOL

That's why I love this stock and have made it a core holding.

See ya at the finish line.
G_T
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