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Gold/Mining/Energy : Chesapeake Gold (CKG.V) -- Ignore unavailable to you. Want to Upgrade?


To: Jon Matz who wrote (643)5/28/2003 9:57:21 PM
From: Frank Pembleton  Read Replies (3) | Respond to of 7835
 
Jon...speaking as a subscriber-- I was warned to reduced my position the gold sector, as-a-matter-of-fact I was warned more than once-- I was possibly warned a half a dozen times by this gentleman...What more could a person ask for??? Fwiw, reducing ones position to a specific sector would mean selling down all stocks you hold (to a comfortable level) in regards to that group.

Personally, I don't care how great CKG is-- it'll get killed along with the rest of'em when the bear decides to display some of that alcohol fueled brutality.

Regards,
Frank P.



To: Jon Matz who wrote (643)5/29/2003 12:07:07 AM
From: Claude Cormier  Read Replies (3) | Respond to of 7835
 
Jon,

I will never give a specific sell signal on a stock unless the stock no longer fits in my list of favorites even if they may be overbought on the short or intermediate term.

For example, I gave sell signals on SWG at $17 and WTC above $4 in January.

But never gave one on CKG. I still own it long so it would make no sense for me to suggest selling.

However, when I suggest that the metals are peaking and that it would make sense to take partial profits, it is up to the investor to decide what make sense for him. I am sure some have sold part of their CKG holdings in January and are probably buying back now.