been buying some really hated stocks lately, WHY YOU MIGHT ASK??
RISK VERSUS REWARD COUPLED WITH TIME TIME TIME
I HAVE LOTS OF TIME.
FCX-buying under $17 and lower if it wants to go lower.--cut the dividend I don't care --world is slowing, not ending
CLF--really UGLY, FUGLY but hedge funds loading and someone wit deep pockets keeps adding (that person added 4 milly shares to total 12M) -cut dividend to pay off debt--avg price in stock for me is now around $9--it was $25 8 months ago or so.
ERF-oil play
and GAMBLING WITH UTWI
all OIL has to do now is stabilize bc I think the bottom is forming.
I am willing to hold these for 12-18 months minimum unless my target returns are met sooner.
been tading SLV on and off.
in RSH fo total gamble, BK--who cares, no BK I make tons.
buy some REITS
APU--pretty safe
AGNC-pretty safe
WFM and SVU..;)
