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Gold/Mining/Energy : Rubicon Minerals
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To: wolfgangrene who wrote (441)7/22/2014 11:08:17 AM
From: The Ox  Read Replies (2) of 470
 
We also took some off the table when we hit the 100% gain level within the last few days. We have a small fraction of our original position and probably won't trade out of it unless we see another move like we've just had over the past 2 months.

One of the approaches to the market that we use is to almost always keep "free shares". Unless the underlying fundamentals are "screaming" to sell, we'll often let this ride as an "investment".....

We usually buy "oversized" positions as a starting point, with the goal of making a solid gain AND keeping some free shares. That's the situation we are in with RBY, so we've attained our goal.
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