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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: kollmhn who wrote (109274)	9/13/2008 6:00:05 PM
From: Ed Ajootian	Read Replies (2) \| Respond to of 206223

Koll, I have sold off a bit of everything, but the penny stocks are so illiquid that I can't really sell much of those, so I still own most of what I had in those. A stock such as BOGA going down to $.24 is a case in point, this makes no sense (unless they end up having to bankrupt because they can't come up with financing for the redemption of their senior notes, which would be totally absurd given the recent Third Point buy-in). Thanks about the idea on utility preferreds, I'll check them out.

To: kollmhn who wrote (109274)	9/13/2008 6:04:13 PM
From: tom pope	Respond to of 206223

The pfd market has gotten whacked Agreed, and there are some pretty interesting values out there. BAC has a pfd yielding 9%, not bad for a quality name and a good place to park money while waiting for calmer days in the overall market. I think we have Fannie to thank for these valuations.