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Re: cartonet post# 13278

Wednesday, 04/08/2009 9:25:16 AM

Wednesday, April 08, 2009 9:25:16 AM

Post# of 35788
I sold out SMC because of liquidity issue, not fundamental. I owned over 400K of SMC at the peak. If you remember BTO.to was not liquid before they closed the SMC transaction. The worst nightmare for me is to have huge amount of money trapped in BTO pink if gold becomes weak in the summer.
There were very high volume when the votes were in, I used the opportunity to unload my rest of SMC. If I knew BTO will continue to be as liquid as it is now, I would have kept my SMC.
Well, These money went into other miners that had nice gains recently as well. So the money is still making more money for me.

Buy cheap, undiscovered stocks!

Disclosure: I usually own the stocks I post the most. The more I discuss, the more shares I own. Do you own DD before placing the trades.
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