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Gold/Mining/Energy : Canmine resources -- Ignore unavailable to you. Want to Upgrade?


To: Marshhawk who wrote (1891)9/14/1999 6:49:00 PM
From: dave brown  Read Replies (1) | Respond to of 2769
 
Accually I haven't had time to look at any option selling. Still holding my initial Inco shares with less margin exposure.

I could sell all my shares with good profit today, but I feel Inco is a solid play for the year 2000. So I am looking at selling covered calls when the time is right. Not sure if todays lower close is a trend or a fill in from last weeks gains. Chart tells me she's going higher.

Canmine hasn't been trading in unison with nickel prices nor Inco over the past month, so your opening line is not a valid statement. What is valid, there is none or lack of market support for Canmine, right now. Todays no bid tells me, support is very thin and market is artificially held up. If more selling comes in now, she will drop fast and hard. When shes back in the 30's range...likely soon, I will support this stock with my winnings just for you. I'll let you know when I get in. Wouldn't that be a more frightening thought, DB owning Canmine stock after all my posts...but why not, I've owned it before only my timing was way off.