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

To: Cogito Ergo Sum who wrote (87463)7/19/2007 10:26:13 PM
From: rubbersoul  Respond to of 313057
 
Al,

I guess you could describe what happened to SWG as a Black Swan, much like what happened to CBD/CLG at one time. In fact, I bought heavily into Cumberland the day before the collapse. That was a tough one to take. Hope others here haven't been hurt too badly by SWG.

Cheers,
JH



To: Cogito Ergo Sum who wrote (87463)7/21/2007 6:47:02 AM
From: dara  Read Replies (1) | Respond to of 313057
 
I was out most of the day Friday but before heading out I decided to sell my SWG. The order filled immediately but I see the stock closed down. I'm all for buying beaten down stocks but I'll pass in this case.

According to Sprott's last quarterly filing SWG was the third largest equity position in the PM fund. Ouch!


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