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Gold/Mining/Energy : Royal Gold (RGLD) -- Ignore unavailable to you. Want to Upgrade?


To: Alan J. Levie who wrote (12)1/4/1998 5:48:00 PM
From: GTC Trader  Respond to of 13
 
<< still holding? >>

No. Fortunately, I sold a few months ago, before the recent drop below $5.

The current price is probably a great buy, but until I see an upward move in gold and/or RGLD, I think I will pass on the "bargain". I do not expect it to stay below $5 long-term, but I didn't expect it to drop below $10 either.

1997 held a lot of surprises. I tried to be cautious in stocks as the bull continued to run and I put money in RGLD and CCH thinking that it was a safe hedge. May the surprises in 1998 be more favorable!

Best wishes to all,

Happy