Imperial Metals (IPM.T) Message Board

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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: refugee investor who wrote (1098)	6/12/2012 7:05:27 PM
From: Italian Investor	Read Replies (1) of 1366

I am one of those people who hate coal right now but for different reason, losing money. My timing was way too early and it cost me a good chunk of change. I guess it is better in my case right now to hold the reduced positions I have and wait for a few bankruptcies in the sector then try an take another shot, if I grow my ballz back of course. Also, I would of been down much more in that sector if it was not for your recommendation of trading up in quality with BTU, selling off JRCC and putting some of it in BTU was a very good move. Tesco looks like a no brainer @ these levels I am very happy you recommended it because like I said before it was not on my radar. If you factor in my trades with this name I am up a good percentage point even though it is near its lows. I don’t think I am going to sell this name again the plan is holding it for a while but you never know what the market is going to make me do next. I took a small profit on a few names today completely sold out of LUK today looking to buy it back tomorrow; I am gambling it will correct a few percentage points if not tomorrow the next day. Got to do something to get a return on my money and trading works more often than not. Keep ranting sounds like solid advice you gave to your buddy.

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