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Gold/Mining/Energy : Imperial Metals (IPM.T) -- Ignore unavailable to you. Want to Upgrade?


To: refugee investor who wrote (435)5/28/2010 12:43:33 PM
From: Italian Investor  Read Replies (1) | Respond to of 1366
 
Did you get fed-up with LUK and sell, or do you still have some? The new Aus. mining tax took the wind out of the sails.

I sold most of it (75-80%)for around a 8-12% ST gain going off memory, was thinking of adding when it was twenty and some change, but I did not there was so much to pick from. What bothers me with LUK @ the moment the insiders keep selling to buy cheaper, so it is a turn off for me even though I think it is undervalued. I was actually thinking of getting back into Fortescue in the 2s and adding to Imperial in the 15s, but I was caught thumb sucking could of got 20% in a few days on both names. I love to go where there is fire you win most of the time because people are irrational.