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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: sunny1 who wrote (36689)11/18/2005 8:24:54 PM
From: ogi  Respond to of 312400
 
Who knows where LRR is headed over the next few weeks??
Could easily revisit the $3.30 area ...But? ,Maybe the worst is over. I still feel without a serious hole from outside the Campamento target it will remain under pressure til all the tax losses are registered, even with the company's stock buyback program. Personally I think that is a lousy use of funds. Keep the focus on the target, my suspicion is the buyback is more about public relations, All of which brings us back to CKG.

CKG is another strong candidate for tax loss selling when you think of how many bought over $5.00 all the way up over $ 7.00.
Those people are sitting on significant losses and we all know that most investors find it hard to be patient and keep the faith. However, we are expecting CKG results very soon and that may well stabilize the stock or send it back upward. CKG at these prices, knowing first round results and having proven resource finders confident of their deposit model, makes CKG a bargain at these prices IMHO.Wish I had cash!!

Cheers,
Ogi