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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 366.54+1.2%4:00 PM EST

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To: pezz who wrote (27744)1/15/2008 4:55:34 PM
From: TobagoJack  Read Replies (1) of 217544
 
Hello Pezz, Last Night's Report:

I sold much of my GLD at north of 90 to acquire this equal weight allocation to PSPT Message 24214513 at south of 14.40.

I still have certificate gold in HK bank and it is not accessible after 8:00pm HK time. I am glad I had foresight to position paper gold in two time zones.

I wish to get more GLD ounces back when I realize the potential of PSPT. I wager that the current revised but not yet announced PSPT buyout offer will be more than the earlier offer of 15/share, and even when so, will still be too cheap.

There is quite a bit the company can do to grow organically (more sectors, more offerings, deeper engagement w/ client processes) and to do roll-up acquisition platform with cash on-hand plus money bag alliance that can be engaged with via simply-story road show.

The position does require more monitoring work than GLD and less certain than GLD reaching 100 in short order, but not that much less; and

I am wagering that i can get more ounces of GLD back when I get out of PSPT.

I had to sell GLD because of on-line a/c capacity; I did not wish to margin. I did also mobilize the big a/c as well, touched a bit of the CAD but not GLD, SGD, T-bills, other positions.

Chugs, TJ
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