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Gold/Mining/Energy : Imperial Metals (IPM.T)
IPM 1.970-0.5%Nov 11 3:59 PM EST

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To: refugee investor who wrote (733)1/20/2011 6:24:06 PM
From: Italian Investor  Read Replies (2) of 1366
 
Looked @ LO it is the cheapest in the smokes sector. Best balance sheet by a mile. Looks cheap @ 10X earnings pluss a 6% yield. Looks like a huge chunk of there sales comes from the Newport Methol brand, so if there is a ruling against them ( I doubt it) it could put pressure on the share price. I do not think it would be a drop like most on LO board on yahoo think because most likely they will continue to smoke the same brand name anyways. Looks like my type of stock but just in the wrong sector. Can never invest in smokes my grandmother died from them and it affected my moms health also. I hate this industry!

Today was my first down day in maybe over 2 months I think. I never had a streak like that before saying that I only went down 1000 dollars today so not really a significant down day. What a year so far!

Berkshire has been a good trade for me latley I buy it around 78s-79 and sell it over 80. Not really crazy about that name other than for trades @ the moment.
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