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Gold/Mining/Energy : Canadian Warrants Only

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From: koan	10/18/2007 7:29:10 PM
	Read Replies (2) of 23078

K wts offer 9 to 1 leverage right now penny for penny. As long as gold is above today's price on Dec 4th, we should be fine and could make a huge score if gold continues to rise-lol. I looked at the days trading today for a long time this afternoon to see if I could see something. Funny how well that works? Finally I saw it-lol. I think a good GAMBLE right now, maybe the best bet is K reg wts expiring Dec 5th with a strike of $15. You are drawing, but you are drawing to Ace King, and it is suited-lol. You will win most of the time-lol. If you think gold is going to rise here, the K wts are the play. They are trading with only a .06 time premium. And so as long as gold rises, K should rise, and the wts will explode. Plenty of volume too. I have a bunch, but will buy more in the morning, if gold looks strong and sell 1/2 at the end of the day. See how that works out-lol?

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