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

To: refugee investor who wrote (804)	3/30/2011 8:44:29 PM
From: Italian Investor	Read Replies (1) \| Respond to of 1366

I hope it is my last sell of 2011 too! I am a lousy trader, as shown by the fact that BAC is down a good bit and WTM up a little. Not to mention never getting around to buying LO. Or more Imp when it was in the teens. I do not think you are the worst trader Jimmy Rogers is, and I also think it is a little early on that move. I have my money on BAC. LO was a stock I would of bought and sold and made a good return in a short period of time if I did not hate the industry so much because I thought it was a good deal. I saw Imperial in the teens and it would of been a good move if you got some. I am staying away from commodites and would need Imperial to fall a little more to have the courage to get back in. Speaking of trading did you see PHI yesterday up 5-6% and again today up 8% or 9%. Also did you see CALM up 7-8% on Monday, also did you see SVU hitting 9 dollars. All good returns if bought recently (1 month or so) and sold. SVU around 23% in weeks. CALM around 10% and PHI counting the dividend in the double digits also. Anyways I said I was not going to sell anymore but I sold PHI today lol. I am up around 15% this year all ST but what is killing me is the sales I did this year from last it is a crap load of ST gains, because I sold all my agriculture names and drillers and they were like 40%-50% of my portfolio. It was a mistake because if I waited a few more months on some of the moves they would of been LT. You may be right in selling MGM, it is really a pipe dream (ha), their land is in the middle of nowhere, or the arctic to be more precise, and it is definitely a speculation as to whether things work out. Yea it is speculative, but I am a risk taker and I like a few spices in the portfolio with small money of course I could not sleep with real money in names like this. If you remember my past I owned a lot of highly speculative names and overal I did very well. I sold MGM because I just dont want to be in commodites period. I like the out of favor largecaps that are stuck in the mud. I know they are too cheap historically so I want to be in them plus the cheap stuff I saw the last few years is pretty much gone so why not. Have just been doing some tax work myself. No escape. Taxes errrrrrr I thought I was done Sat and then I checked the mail my broker did some mistakes so I had to do them over agian. I actually think it is a little dangerous if investing is fun. You need to keep your motives straight. You might be right but there is nothing I like better than making money and there is no easier place to do it than the stockmarket. Movie coming out on fracking gaslandthemovie.com nrdc.org