Posted on: 20-01-11 19:37:36
Hi guys : What's ur take on gold and REM explorers. I bought some exploration stage companies in Dec but seems like wasn't the right time since they h've been dropping since. Will REM companies recover back to their Dec levels anytime soon; specifically AVL. AVL is listed on the S&P-60 TSX Metals & Mining. Could that be considered one of the safeguards for AVL ? I have also read other articles saying commodities are headed towards another serious dip. Any thoughts?
Anyone know about Paramount Gold? Is it a decent company to invest into? What's usually the time frame for these explorers to be profitable?
Hi
Are you looking for CA market or US market stocks?
Ajit
Quote:I don't see why you are disappointed with AVL.
Originally posted by atrikha
Will REM companies recover back to their Dec levels anytime soon; specifically AVL.
AVL stock seems to have been in a constant rise for a long time now.
Dec prices seem to be in the $6 range and it is trading well over $7 now.
What was your entry point?
I'm not a shareholder or even familiar with the company - just looked at the charts.
Quote:An index inclusion is not a safeguard of any form.
AVL is listed on the S&P-60 TSX Metals & Mining. Could that be considered one of the safeguards for AVL ?
An index creator can add and drop companies at any time.
-----------------------------------------------------------------
"Mah deah, there is much more money to be made in the destruction of civilization than in building it up."
-- Rhett Butler in "Gone with the Wind"
Quote:so do you just swing in and out of these different things on a daily or hourly basis?
Originally posted by ashedfc
Forget these individual stocks: the management risk/ exploration risk/ geopolitical risk/ labour unrest risk/ debt overhang & project financing risk. There are too many probables...
Have a look at Oil: Nomura predicts $220 oil if Algeria/Libya cut oil supply, which can happen in a flash.
just a few weeks ago you were recommending REM stocks on the forum.
before that it was silver.
before that it was gold.
and now you are recommending oil calls.
do you yourself buy and sell positions like you recommend here?
i'm curious what your rate of return on yo yo trading is?
and how do you find the time to read all this stuff on the internet and then trade in and out so much?
Quote:interesting...thanks for the explanations.
Originally posted by ashedfc
I still stick to my REMX recommendation (its the basket ETF for REM), & I hold some REMX & May 21 call option.
REM hasn't done much since late last year unless you bought during a particularly low dip like in late Nov.
If you bought around the time you posted it here you are at best up by a couple of dollars or so.
why are you buying calls for it?
aren't you just losing the premium on those calls?
Quote:yes of course, but I'm curious with so much volatile trading what are the net results like?
Every persons individual situation is different, so what to buy, what to sell, when to buy, when to sell..... depends on an individual's risk taking ability.
are the net results after commissions and taxes worth all the effort to swing in and out of positions?
have you compared your net results against an index like the s&p 500?
what is the % by which you are able to beat the s&p 500 or s&p TSX?
just curious if all this frenzied trading is worth it....
