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

To: Italian Investor who wrote (1036)	3/30/2012 9:43:15 PM
From: Italian Investor	Read Replies (1) \| Respond to of 1366

Yacktman wins if this guy’s numbers are right, Heebner really stunk it up, was never a fan but remember him owning all commodity names @ the market peak back in 08 and getting slaughtered, kind of like what I am doing now yikes. Hope I don’t get the same results, but I don’t think it is possible with my current mind set I really packed it in for the year not aggressive @ all. Plan on holding 30-40% cash while adding slowly to core holdings when they set lows then taking profits left and right whenever I see green on my smaller holdings. Then as I explained before I plan on taking a little off the table whenever my core holdings pass my high buy price to lower my cost and then to add back lower if the opportunity presents itself. That is the game plan, pray for me! Today’s moves I sold out of RIMM when it was up 5%, I believe it finished up 7 or 8% so was a little early there, but I made 12%+ on my low buy prices and made money on all my buys on this name. Also, sold TOT and BP all the gains came on my second purchase pretty much broke even on my first purchases. I will take 2 or 3% on my low buy price in a few days in this casino I mean overvalued market. Also, SD sold again when it came close to 8 at least 4th time this year to bad it was peanuts. Only add today was MBI when it was down almost 2% making it even a larger holding believe we are going to get rewarded soon got my fingers crossed. gurufocus.com