Where has this guy been for Christ sake? Acually I have been considering buying DMM at these prices...
Taylor says sell Dynasty Metals
2008-06-04 19:32 ET - In the News
Jay Taylor in the May 20, 2008, edition of Gold & Technology Stocks tells readers to sell their Dynasty Metals & Mining Inc., recently $2.82. Mr. Taylor said buy on Feb. 14, 2006, at $3.03. He said sell half on April 16, 2007, at $6.70. Assuming a $1,000 investment at $3.03, selling half at $6.70 would have yielded a profit of $556. Selling the remaining $500 investment at $2.82 would yield a loss of $48. Mr. Taylor is selling the stock because of the recent deterioration of the political climate in Ecuador. With so many good prospects in safer places in the world, the newsletter writer sees no reason to continue holding Dynasty Metals. Fellow newsletter writer Brien Lundin said buy Dynasty Metals three times in his Gold Newsletter between January, 2006, and May, 2007, at prices ranging from $2.15 to $5.47. Another newsletter, the International Speculator, said buy three times between June, 2006, and July, 2007, at prices ranging from $5.06 to $6.63. |