Revett Minerals Inc. (RVM)

[maverick1856]

I am not saying I this is not a good long term investment at the current prices...rather looking at the chart, especially the last 2 weeks along with the recent news and sharp sell off...personally I think this has farther to go in the sell off...hopefully I am wrong as I am sitting on some large losses at the current prices...I started buy ~ a year ago when the insiders began buying and bought all the way up to $1.20/share.....I like this company and the prospects for the new mine, and hopefully getting Troy back up...I'll add more once I feel that the sell off is over...it is definitely too soon since the announcement of Troy and the sharp sell off for me to add more right now..

Everyone's portfolio and risk appetite are different...I keep the majority of my portfolio in the SP500 index funds as well as Total Market funds....and I have about 25-30 individual stocks I invest in on a regular basis...as well as ~5-10 stocks I move in and out of...in the micro-cap metals area I prefer SVBL over RVM right now...but I will be watching RVM, especially for indications of insider buying once we are ~30+ days out from the RVM announcement on Troy...I think that will be the sign when to add more...once the insiders start buying again..or if silver prices begin to show support