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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: MoneyPenny who wrote (32307)11/15/2004 9:51:02 AM
From: LLCF  Respond to of 39344
 
< WHT had one of the largest increases in shares short BTW. >

I have no doubt that this is because of the large amount of warrants outstanding in Wheaton and NOT an opinion on the stock. Pro's are long cheap warrants and short the stock. Someone could compare the short interest to outstanding warrants to check up on me, but I'm too lazy, and that's my guess. :))

DAK



To: MoneyPenny who wrote (32307)11/15/2004 10:12:41 AM
From: Public Heel  Respond to of 39344
 
Thanks for reminding me of CEF's short position. I completely overlooked that. Unfortunately for me, I had a large position in CEF, and I'll probably end up getting out with a much smaller gain than if I'd bailed two weeks ago.

Eventually, I'll use either CEF or the ETF extensively. I do not like to vary the overall size of my P/M position, but I sometimes change its volatility, moving from miners to bullion, or vice versa.


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