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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ditchdigger who wrote (22373)12/2/2000 4:30:00 AM
From: LAWRENCE C.  Read Replies (1) | Respond to of 29382
 
DD, SWC (platinum and paladium mining)broke out upwards today closing at 35.48. It has gone up over 25% since I bought it. They recently favorably renegotiated their futures contracts minimums and maximums upwards. This gives them profitable mining operations with upside potential. Also their mining operations are expected to increase their production. I got in at a good time. Growth rate could be around 47% or more depending on prices. It's the only major US source of platinum group metals.
ABT, I'm up 5%
SDS, I'm up 4%
CHK, I'm down. Seems like CHK should be trading for more than the price of natural gas futures. CHK did close the week over $6 which is good.
TX, up a fraction from my buy price
Had hoped RTK would have found more support at 1.50. Instead it went down to a range around 1.25.
Lucky