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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (5983)6/8/2003 3:10:57 AM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 11633
 
Hi ep,
It's a hard call for a small investor. I'm already back to the point where I was before my PMT gains vaporised (not including the next spate of dividends which will start arriving next week). I have a few high yielding alternatives in mind but yes PMT has the possibility of a nice cap gains at this point iff things go in their favour. Judging from the price the less severe end of the shutin seems to be being gambled on.
Whether I'm in or out of PMT though I'd like to see it pop back a goodly bit. Too many folks I know are hurting. Gonna think hard on it and we'll see this week. Don't want to get back in 'just to get money back' as that's happening already ;o) and it's not a good reason, letting emotion influence the decision.

I'll admit I'm following closely and also expected more selloff and volatility on the second day. A buck or better down from here and I'd be sorely tempted to take a good speculative position. Lets see a nice NG temporary drop but finally a good late spring day here, sunny and warm and thinking of putting the AC on for the first time this year.

Added some more junior gold Friday, Alamos (AGI.V) @ .95... Just over 7% portfolio in PMs now, in a narrow field so far. looks as I'll continue to accumulate what I see as bargains for the next little while, maybe as high as 15% so that I'm well positioned as the start of the next run becomes clear.

regards and off to bed g'nite
Kastel