Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 660.19

-0.8%

Nov 18 4:00 PM EST

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To: The Reaper who wrote (23572)	8/15/2011 3:55:46 PM
From: mazel-tov	Read Replies (3) of 218931

Thanks for the details regarding NGD. I took a starter position in the stock quite recently during the slight sell-off we had. It has been on my radar for a while. Am looking to add to my position. Re: Some of us have cost basis in the 1's. Mine's a little higher. Congrats on getting into the stock before it took off! I own several of these speculative plays and given that you follow the mining stocks, I am curious whether there are any others that are on your radar. Re warrants vs stock on NGD, my view is that if one has the conviction that the POG is likely to rise to above $2K and higher, it would make more sense to own the warrants especially given that it is several years prior to expiration. Thoughts?

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