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SOLD SVL ALL@1.18-1.20 (+16%) ..my thoughts..
- I am not so happy on the rig being stopped at customs (who they suppose to pay off again?)
- I am not so happy with the "inter-government" issues
- As the dates mentioned are about "30 days out" I will see if it floats down and buy lower (I see others are getting in at around these prices); otherwise.. next train..
- Have a decent profit - don't think the risk is worth it with these gains and decided to unload;
- Forgot to mention this in my PMZ post on the weekend
- Previously Bot at 1.02
-- RRI rocking.. PMZ.. easy big fella...
Cheers all!
Oh you're SoooooooooooBlakey...
PMZ: Oscar has made an example of this SOB!
First we were buddies and he took me under his furry arms..
then he threw me in another can and rolled it down the hill..
beaten and bruised I am barely afloat.
I have screwed myself severely with this one - if Monday continues the trend I will be evacuating with my shirt if I am lucky. Anything at this point is bonus.
A previous one SSPI I sold at a slight gain - rumors of take over - took off and has fallen again. Ah - C'est la Life..
CPST (got from Chief/TH) had some bad numbers; seems to be just some carry over from the lost production - so the stock sold off 20c on Friday. Still trying to make heads or tales; slight loss (-6%); thinking... http://biz.yahoo.com/bw/031106/65741_1.html
Golds et al - still have fair bit of AGI (almost got some more early Friday but missed); (+10% across acounts); CKG [-10% across all]; INM; GOZ - moderate losses; 20% AQI-; GGG+
SU: Still riding.. nice gain
RRI: Some nice moves up recently
VZ: Got in at wrong time; got out good time it looks (watching)
CQL doing nicely.. slight retrace of GBG I saw.. might join you few with SWP (I hear they make Prairie Vodka in the winter.. )
IGT
I was this close to swapping my legacy PFE with IGT (both priced at the same mid $31s -- and sorry I didn't). PFE has been stalled for so long. I posted about IGT in Traders Hideout - doing very well for sometime now
Anyahoo.. back with PMZ...
Slapping my wrists...
Reviewing my ill fated journey..
Getting ready to board that another train..
Head up high..
Cheers all!
Blakey
(On the bright side I am slowly becoming free of Ted Rogers - got my DSL modem and loving the newfound speed..!!!)
NBR Nov 7/03 - Market Monitor: James Dines
Link*: http://www.nightlybusiness.org/transcript/2003/transcript110703.html
(*This may not work for a few days but is permanent when it does; strip /2003-> and replace with .html)
Streaming Video: http://www.nightlybusiness.org/videoc.html (available til next Friday)
11/07/03: "Market Monitor"- James Dines, Editor, "The Dines Letter"
PAUL KANGAS: My guest "Market Monitor" this week is James Dines, editor and publisher of the popular "Dines Letter," based in Belvedere, California. Welcome back to NIGHTLY BUSINESS REPORT, Jim.
JAMES DINES, EDITOR, "THE DINES LETTER": Good, Paul. How are you doing?
KANGAS: Just fine, thank you. In your last three visits with us, going back 18 months, you have been strongly recommending the gold stocks and they have been stellar performers. More recently, the stock market in general, which you have maintained is in a long-term bear trend, has been making big gains. Is it no longer a secular bear market?
DINES: We`re still in a short-term buy signal but I think it`s a long-term bear market. And the trigger for the break will come with the next terrorist events and boy, it`s going to happen. The crazies are held back only by their weaponry and that will improve over time. But one day it`ll like 9/11, the market will cave in and the golds will go up on that day, as they did on 9/11.
KANGAS: As well as your gold portfolio has performed, it lacks the safety of diversification, does it not?
DINES: People use my letter to - let`s say if they want to put a portion of their portfolio in gold, they use my letter to run that part of it. But you can use as much gold as you want in your portfolio. I just think that`s the surest bull market that I have - that I see right now.
KANGAS: Well, you made a number of recommendations, about 10 or 12, but let`s have a look at about half of them from your last visit with us on May 9.
DINES: OK.
KANGAS: The first one we`ll put up on the board here. You recommended Newmont Mining (NEM), which is way up from 28 to 43 almost, Placer Dome (PDG) is up over 50 percent. Those were two - let`s have a couple more. Anglogold (AU) and Meridian (MDG) way up from where they were hack back in May...
DINES: These are hefty subscribers.
KANGAS: And Ashanti (ASL). But listen. Apex Silver (SIL) is down a little less than a dollar. What`s with that?
DINES: I missed one. Well, God gave dogs fleas to remind them they`re dogs, you know.
KANGAS: You still like Apex?
DINES: I do. It`s a good play on silver and zinc.
KANGAS: All right. What would have to happen to turn you bearish on gold?
DINES: Well, for the U.S. government to balance its budget for one, to have a serious monetary system where they don`t just print all the paper they want. I`ve been a pioneer crusading for an honest currency for a long time, and we don`t have one. And you need to defend yourself against that by having some gold in your portfolio in case the dollar caves in, which has already begun.
KANGAS: So you believe that gold and silver, for that matter, are both in long-term bull markets?
DINES: Correct. And in fact the "Dines Wolf Pack" series says that silver and gold also move with platinum and palladium, that`s the "Dines Wolf Pack" theory.
KANGAS: How about some new recommendations, Jim?
DINES: Well, the first one is North American Palladium (PAL), is reviving again. Platinum is so far above palladium in price that the automotive companies must right now, it`s not in the papers yet, be considering switching their automotive catalytic converters from platinum back to palladium and that will send the price up much higher. Plus, this - PAL is probably - no, it is the only independent palladium mine in the entire Western hemisphere. They`re very - it`s a very rare deposit and it`s in an uptrend.
KANGAS: All right. Do we have another recommendation?
DINES: Yes, I also like Imax (IMAX) because they have these big theaters that are going to be spreading all over the world. They introduced "The Matrix."
KANGAS: OK. Another one?
DINES: Another one is Saffron. I`ve been very bullish on India for years, and this is a nice spread for an ordinary investor who can`t follow the industry.
KANGAS: You have a lot of Indian investments, I understand?
DINES: Yes, they do. They`re Indian stocks, and it`s a great way to do it. And all of these stocks are in uptrends.
KANGAS: And do you own them all? Let`s have - you have one more, I believe, don`t you?
DINES: Oh absolutely. I own them all. I have...
KANGAS: You have one more that you were going to recommend?
DINES: Yes, Barrick (ABX) is one of the gold blue chips that has not yet moved along with Placer Dome. I also want to mention two huge new deposits just now discovered, it hasn`t been in "The Wall Street Journal" yet, and that`s one in Eritrea and there is one in Mongolia. The Mongolia one, you`ve got into recommended Ivanhoe Mines at 3 1/4. It`s now 12, it has quadrupled. I also like Minco, MMM in Toronto. And that is the area of the market that`s on fire right now.
KANGAS: OK. All right. Now, you own all of these you say?
DINES: I do. And I also have one final comment, if you have time for it.
KANGAS: Yes, yes, we have just enough time.
DINES: Well, it`s always very important to live well and to travel first class because if you don`t travel first class, your children will.
KANGAS: That`s a pretty - that`s a very sage observation. Jim, thanks very much for being with us again.
DINES: You`re welcome, Paul, any time.
KANGAS: My guest "Market Monitor" this week, James Dines, editor and publisher of "The Dines Letter."
Nightly Business Report transcripts are available on-line post broadcast. The program is transcribed by eMediaMillWorks. Updates may be posted at a later date. The views of our guests and commentators are their own and do not necessarily represent the views of Community Television Foundation of South Florida, Inc. Nightly Business Report, or WPBT. Information presented on Nightly Business Report is not and should not be considered as investment advice. Copyright (c) 2003 Community Television Foundation of South Florida, Inc. ALL RIGHTS RESERVED. Terms of use.
SOLD (NEW/ACCT) PMZ (-14%; ALL-O-IT; STOP LOSS)
Big hit in other account but... still holding.
still breathing...
EDIT: @ $4.23
ADD PMZ ($4.75) 3:57:55 PM EST
NEW ACCT/ADD PMZ ($5.00) Oh.. I love TRASH..
My other customer liked this so much, I had to write them some up too... nykk nykk nykk
Bot NPG @0.90 v1.0 (POG +4.70)
Sold Z:VZ ($32.58) (~-4.5%) Need to re-write code..
I like this company and think it will do well. But I wanted the trend to be up and I got it at a peak it appears.. should have bailed sooner..
Better watch it, FP might bannish-ed* me to Trader's Hideout for DT's.. nykk nykk nykk
Here's to me underneath that burning sun..
Here's to them watching me applying lotion to every wooooman..
Do you know your wife is watching.. youuuuuuuuuuuuuuuuuuuuuuuu!!
OT: Good news.. my RBAK (sinking into oblivion.. has had its symbol change [RBAKQ].. hmmm.. smells like my PSiNet all over again..
Good going Blake.. Good job.. good job!!!
GlobeInvestorGold...
Well I was looking at this plus StockWatch.
Right off the bat, the exchange fees, market depth etc, are similar. Both services have streaming quotes yadda yadda.
So the main comparison will be of course, all other things being equal, the content - presentation - news - resources etc.
3 mths - this gives me plenty of time to see their stuff - then knowing what to look for, I can sign up for Stockwatch's 30 days and then determine what to do from there.
(Note: I found Stockwatch offers you to pay the fees in CDN or US$ - and found the US version was (at the time of a $1.50CDN) better). Here they do not offer this. And yes, if you are Canadian you must pay the Canadian fees-which are more than if you were American - but I am merely talking payment terms)
Will advise later.. Regards.. SoB
ADD PMZ $5.00 (not 100% sure about this one)
- still have my $1.39 average positions holding pat...
Good thing I linked these posts.. the last was
"SUB PMT" (S/B SUB PMZ) Sorry
Re: TD Waterhouse - Partnered with GlobeInvestor
I have my login/pass already so I will be testing the service.
Basically it is through Globe Investor - LEVEL II and CDN Market Depth is for an additional fee.
So instead of signing up for 1 month with Globe, you have until Jan 31.
No idea if anyone here has any comments on Globe - but I can review and give a briefer down the road.
(Even more OT - "Thomas the Train narrated by George Carlin" --- were those the 7 words we cannot say??? George Carlin.. kids show - yes mommy the world is off its bloody rocker!!!!)
Enjoy your day all..
Blake
WildlyOT: TD Waterhouse learns how to make money - Finally
WebBroker Select - FREE* Trial until Jan. 31, 2004
05-Nov-2003 8:00:00 AM EST
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* In-depth and up-to-date news, market information, and insights from industry experts.
* Market Tracker offering streaming market quotes, market-by-price data, sophisticated charting capability, and live ROB TV broadcast.**
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* Wealth of information on thousands of mutual funds.
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TD Waterhouse is pleased to offer this fee-based service to all account-holders registered for WebBroker for a FREE* trial period until January 31st, 2004. Terms and conditions apply.*** For more information and instructions on how to obtain your WebBroker Select ID, please visit http://www.tdwaterhouse.ca/selectinfo/.
* The free trial offer covers the WebBroker Select Subscription Fee and Level I Real-time Market Data Service Fee until January 31st, 2004. Real-time market data for selected exchanges, as well as other upgrades are available for a monthly fee. Once the trial period ends on January 31st, 2004, customers will have an option to continue using the service upon payment of all applicable fees.
** Market Tracker features require a high-speed internet connection.
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Attn Dr. Blake.. you are.. wanted...
Sad?
No, sad is finally getting to work only to find the net is down (once in a frigging blue moon - but that oddity is today) and I still cannot get a RT on PMZ...
.. and no I would not call home and ask.. too much of a bother.
Kissing? Way past that.. and the beard? Never shave when I don't go to work -- so I do when the little hairs itch my chin..
Happy? Yes doing well.. enjoying the show.. oh and do me a favor Frank.. pass some more popcorn and .. how are those Alberta steaks doing?
Medium Well.
Dr. Blake
PMZ --- GBG --- AGI - knock three times on the ceiling..
Noticing PMZ isn't so active today - still higher than I sold yesterday - looking for entry lower - but watching POG's "big doub ya" on Kitco for POG - as Jimmy Durante said in "Its a Mad mad mad mad mad World.." (E&OE on how many mads I included)
GBG - yes it has done well today. Again sold all lower but watching... any moment now..
AGI - for whatever reason I bot without looking at POG. Oh well, perhaps it will end up ok..
Something happened on the way to the opera...
So this morning I am driving in, late, and want to know what PMZ is trading at - REAL TIME via TD.
My Nokia 8390 PCS via Ted doesn't allow access to TD.
So I use TELEMAX - but I cannot remember how to enter a Z (its 99).
So I switch to Talkbroker (POS system to the hilt - like 20% success if that) - it doesn't want symbols - but names. But for the life of me I cannot remember Pacific Minerals.
So I switch to Yahoo! Mobile on my phone - and bring up PMZ quote - and no matter how detailed I go, I don't get the name.
Slap on the wrists....
Q is 77; Z is 99; period is 44 and dash is 55.
Blakey
SOLD GBG $2.68 (~+20% since Oct 21) (S:Due to gold spiral)
Prob get back in if POG returns higher...
SUB PMT @ $4.00 (+nice) Mouse Trail... (Up v. Gold down $7+)
Good/bad idea? ????
(All of ADD $3.43-3.45 purchase..)
GREAT NEWS EVERYONE -- Q:RBAK predicts profit in 2006!!!!
My "$1.10US" purchase has now tanked to $0.36US and
..
..
.. this is the best part..
.. the stock will probably be consolidated - 1 for every 73.. wow.. I will have 27 shares...
.. Smell that? The <DOT>BOMBS are back in town.. I got stuck with another.. I already have those still...
http://biz.yahoo.com/djus/031103/1120000934_1.html
The best of all - I had a chance to get bail not once but two or three times with a respectable 20-40% loss.. oh well.. next time.. yes Kastelco "Things will be different next time.."
A Smiling Blake...
Added AGI $2.80
Bot Z:VZ ($33.69) v1.1.. Can you hear me now?
Its the end of Kastelco* as we know it.. and I feel fine!!
(play on his tag)
- Part of my larger telco/cell play
- *End of Nov - US starts cell number portability - let the games begin!!!!!!
Blake
ADD CPT $0.94 (v1.2)
Added to PMZ $3.43-3.45 (Acts like mouse trail to gold..)
Sold ALL SSPI (SSY.V)Approx $1.03-1.05US (+8%)
FD: Posted on SI previously (in at $0.92)
.. all % returns include commissions
.. Coulda woulda shoulda a lot higher. But C'est la Life.
.. Raising capital
Sold all TKE $4.13 (INCL COMM +1.2%) - better than interest
Raising capital...
BOT CPT $1.00 (FIRST)
Re: HPR..
I noticed you were waiting for my sell to pick up my shares.. HAR HAR.
Anyahoo, looking at the graph, support seems to be just under 1.50..
You see something at 1.65?
"For whatever reason, I cannot post the chart." (DOT COM)
blake
RE: PMZ up 30%
JUNK!!!!!
SoB:))))))))))))))))))))))))))))))))))))
Added AGI $2.35
SOLD HPR $1.65 (-13% approx)
- Never got past 1st position
- No idea where this is going (but down?) but I know I can make money elsewhere.
Sexy
PS: Thanks FP for the technique on the trail of the trades (be a nice as an update of sorts to iHUB to be able to enter this in posts and then go and "report" on it... be nice...)
Added & BOT AGI $2.30
Oct 24/03 - NBR Market Monitor - Bullish on Gold
Streaming Video (Until next Friday)
http://www.nightlybusiness.org/videoc.html
Here is transcript:
10/24/03: "Market Monitor"-Michael O'Higgins, President of O'Higgins Asset Management
PAUL KANGAS: My guest market monitor this week is Michael O'Higgins, President of O'Higgins Asset Management. And welcome back to NIGHTLY BUSINESS REPORT, Michael.
MICHAEL O'HIGGINS, PRES O'HIGGINS ASSET MANAGEMENT: Thank you, Paul. Nice to be here.
KANGAS: Great to see you. You know, for some time, you have been one of the most vocal bears on the stock market. Has the strong recent rally of recent months changed your mind at all?
O'HIGGINS: No. On the contrary. It's made me more bearish than ever.
KANGAS: Why? Because it's getting far more overvalued than you thought it was last time?
O'HIGGINS: The higher it goes, the more overvalued it becomes.
KANGAS: But look at what you've missed. You know, the last time you were with us in March, the Dow was around 8,500. Now it's testing the 10,000 range. And the NASDAQ Composite was way down at 1,400. Now it's 1,800. You missed some big moves there.
O'HIGGINS: Yes, but my gold stocks are up even more than that.
KANGAS: Well, that's true. That was the next thing I would mention. You gave us four gold stocks and, boy, they were winners. Let's have a look in review. We see Newmont Mining (NEM), which is the granddaddy of them all. It was then $24 back in March and now $42. That's up 73 percent. And then, of course, Gold Corp. has had a rise of about 60 percent. Then you had two other recommendations, Anglo Gold (AU) at $28 is now bordering $40. That's at 39 or almost 40 percent gain. And Gold Fields (GFI) was then $965. It's now $1,503. And that's a 50 percent gain. A lot better than the average did. So I compliment you on those fine recommendations.
O'HIGGINS: Thank you.
KANGAS: Do you still own the golds or have you taken some profits?
O'HIGGINS: No, I've stayed with them. Gold is still very cheap on a longer term basis. People forget that gold did very poorly for almost 20 years. And so it's just started to come back up after the last couple of years.
KANGAS: Why is it attractive to you?
O'HIGGINS: Well, for one thing, it's real money. And when you have the government threatening to print all the money it can to reflate the economy, you've got to -- and you have something that traditionally has had about a 10 to one relationship with the Dow -- in other words, the Dow has traded about 10 times gold -- right now as we speak the Dow is 26 times gold so.
KANGAS: So that's another reason. All right, now, so you think that the gold has a -- I mean, do you have a target price in mind over a certain time frame?
O'HIGGINS: Well, I think it depends on what -- actually, to tell you the truth, I think gold and the Dow could trade at the same price, which they did in 1980.
KANGAS: Good point.
O'HIGGINS: The Dow was 850 and gold was $850 an ounce. But, conservatively, I think that it could go to a long-term median average, which is 10 to one, which at today's price would put gold at, what, $970 or something like that, $960.
KANGAS: You know, there's something about gold that the major brokerages don't seem to like. You see very few of them recommending any gold stocks. One of the few market monitors that's on this program, Jim Dines, he's been a gold bug now for over a year and a half, two years.
O'HIGGINS: Right.
KANGAS: How come nobody wants to recommend gold except a few of you people out there in the wilderness?
O'HIGGINS: Well, for one thing, that makes me very happy. When people agree with me, that's when I get nervous.
KANGAS: I see.
O'HIGGINS: Especially the Wall Street firms. But gold is a -- it's a very narrow market. It's not a huge large capitalization and it's kind of a negative thing. Wall Street wants to be always optimistic.
KANGAS: A very good point.
O'HIGGINS: And in bad times they're kind of, you know, betting the wrong way. But that's how it is.
KANGAS: So, you still own the four that you recommended last time. Do you have any new suggestions?
O'HIGGINS: Well, I think the, these are -- some of these major stocks have moved so much that the real value is in the more smaller capitalization. But they're harder to buy. So I think people would be better off buying a good no load gold fund.
KANGAS: OK. We just have a minute left so let's have one of these recommendations.
O'HIGGINS: Well, Tocqueville Gold Fund (TGLDX) is one that I own personally. I also own Newmont personally in my own account.
KANGAS: OK. Tocqueville has had quite a rise, as most of the gold stocks. How about another one?
O'HIGGINS: And to short the market I'd use the Rydex Octos Fund, which goes up proportionately with the NASDAQ 100. As it goes down, this fund goes up.
KANGAS: OK.
O'HIGGINS: And then there's a -- bonds are cheap at the moment, so I'd use a Rydex Bond Fund and then I'd have 40 percent in cash, money market or Treasury bills.
KANGAS: And with these funds, of course, you're getting the advantage of a lot of diversification rather than just four stocks?
O'HIGGINS: Exactly. And no commissions, really so.
KANGAS: OK. So there you go. He still likes the gold and you own everything that we've mentioned.
O'HIGGINS: Yes, I do.
KANGAS: Well, I'm afraid our time is up. But we'll look in next time and see how you've done, about six months from now. Thanks very much, Michael.
O'HIGGINS: Thank you, Paul.
KANGAS: My guest market monitor this week was Michael O'Higgins, President of O'Higgins Asset Management.
Sold 15% of PMZ at $2.50 (>>+70% incl comm)
(Out all the ones bot at 1.55.. now just the $1.23 left..)
Re: Flip Side to AQI?
Sure there is wayne --- I am getting ready to FLIP that sucker to something else (-20%).
Sold 15% PMZ at $2.20 (+56%)
May sell a little tad more but it is back over $2.30 at the time of this writing..
Re: PMZ - Sold 15% at 2.15 (+53%) Whoa Nelly...! It's getting hot in Herrre!!!
Finally - something gone right big time.
I added to existing positions in DROOY; TKE, RRI, PFE. All, in hindsight, were bad - though Ito's jury is still out on TKE + RRI. PFE - well if it ever gets back to $35.. who knows if I can wait that long..
Of all the stocks- this I got out of and got back in and even added.. BING!
RRI/PMZ - added on strength; PFE/TKE/DROOY on weakness..
Watching it....
Hey CD-- that ARQ is looking mighty good! Am watching AGI as well...
Even my QQQ puts are coming alive..
Cheers!!!!!!!
Time for some of that Tequila Gold tonight... Yummm!!
Sexy
Hey FP.. I am beyond that. I am into "gotta build that list.. gotta build that list".
I have (MAYBE) screwed up on TKE. I was up nicely before the blowoff. CPST (The_Chief had a good story on that one) now in the 1.80's - down pressure but I think it still has a chance to break out.
I think the worse thing isn't "I lost money" or "I coulda made more".. its "I have all this cash making.. INTEREST? BLAH!!!"
Out of one.. into another.. just playing ball .. trying to get into the Hall of Fame with a 300 average and a few home runs under me.. RIGHT? RIGHT?
Anyahoo.. I am not buying EVERYTHING I see. But most are doing well that I have bot.
Cheers All!!
Blakey
Correction PLUS Two more articles from SI
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=19428894
Correction: The Fuel Cell Update
Sorry, that was from BW: Oct 13/03
BW Articles (Biovail / Fuel Cells)
The first is hoot - I laughed when I heard it.
I question the management's judgement for shipping $15-30M worth of goods in one truck. Are they so cheap??
http://members.rogers.com/soblake/mc/bw-1020-upfront.jpg
Fuel Cell Update.. for Computers too?
http://members.rogers.com/soblake/mc/bw-1020-science.jpg
That one (CKG) is really pulling me down in three accounts with losses between 8-15% in each account.
I had an order in one account for 2.75 yesterday but low was 2.78.
My SU is in the "Biggie Smalls" Gain.. like 3%
Watching AGI.. doing very well on that.. 20-30% in two accounts.. (Yeah son AGI is what got you to Harvard...
.. someetimes your words just hypnotize me..
Re: three stocks
Yeah.. that JUNK PMZ is doing fine alright... PMZ v2.0 is about +41% so far..
Knock on tin..
EDIT: Sorry I added more at 1.55 so my gain is only 27% now overall. (but 41% on the first 60%).
Sold add'l 15% of RRI $4.69 -1% ..SOPB.. SOPB..
69.. my birth year; year of the "cock" (rooster); my license plate.. amoungst other things...
Save our PooBah!!!