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


To: TrueScouse who wrote (60001)8/28/2006 10:52:41 PM
From: zoo york  Read Replies (2) | Respond to of 313017
 
Hi Howy!

Do you still have CS? I dropped the ball bigtime on that one, after we were chatting about the short term outlook for the company at the last Toronto goldbugs meeting. I have held onto all of my shares and bought a few thousand more, but I was shocked at just how much that one tanked after they completed the spinnoff of SST. Just last week we saw the same kind of action with WLF. It makes no sense to me, as these spinnoffs are supposed to unlock the intrinsic value of the non-core assets, but they seem to result in major selloffs for the stocks involved. I think the people that hand onto CS will be glad they did, but I am pretty sure a lot of people got spooked into dumping the stock during the worst of the correction.

cheers!

COACH247