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Gold/Mining/Energy : Imperial Metals (IPM.T)
IPM 1.940+1.0%Nov 7 9:30 AM EST

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To: Italian Investor who wrote (1016)3/14/2012 10:39:14 AM
From: Italian Investor  Read Replies (1) of 1366
 
My desktop monitor kicked the bucket so I am using my laptop that I hate because for me it is so uncomfortable so my posts most likley going foward will be much less until I buy another one. Bank of America Warrants closing in on 5, they are 4.70 up close to 150% now for the year. This has been my best performer, my reduction in financials has been costly so far but still have roughly 30% of my money there so doing pretty darn good. NG and coal are still stuck around my avg buy prices so nothing to brag about there, but it is right around the corner IMO. My favorite coal play right now is JRCC my low price is 5.21 and I would be a huge buyer if it goes under 5 it is really cheap IMO. Like the mgt here they seem like sharp guys and there financials are rock solid. XCO Wilbur is on the board now so good things will be happening in the near future. Been adding to RIMM lately it is close to a 2% position now got some in the 12s last time. JEF is coming close to 20 again this has been a great investment once again for me I expect it to be in the 20s any day now. MBI is the only financial I have been adding to this year it is now my largest holding because of the underperformance of the financial sector this year. I expect good things in the coming months from them. Anyways, going forward I look to be increasing my commodity holdings I missed VT.to they popped like 30-40% in a very short period of time I was so close to buying them like a few weeks ago when they were getting ready to go under 10 now the are over 14. MBC.to and BG are 2 other agric names I am interested in but need them 15-20% lower to be a buyer. I don’t think I will be buying financials again this year because they have been soaring but you never know. Coal, NG/oil companies most likely will be 40-50% of my portfolio if they keep sinking by years end. I am not afraid to make them even a bigger percentage of my portfolio than this if there share prices gets cut in half from current prices that will be a dream.
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