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Gold/Mining/Energy : Canadian Warrants Only
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To: LoneClone who wrote (8776)6/18/2009 6:00:40 PM
From: PaperPerson  Read Replies (1) of 23091
 
LC - The FNV-WT is not suitable for tight trading in my view.

Not enough volume makes it extremely volatile and makes swings tough to catch.

What makes sense to me is to simply add to holdings on days like today, when they seemed to be throwing their FNV shares out the window like garbage.

And then to just sit there waiting for days that have a golden glow, knowing I will be able to sell all I care to sell for c$7 or c$8.

I plan to retain a core position of at least half my warrants, probably more, for quite a while.

i did manage to lower my average cost a little today by buying 1000.
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