Hi Hamvestor,
I'm about to dump KGC, which seems to be going nowhere fast.
Do what you think best, but may I suggest that you also take into consideration that it's recent snooze may be attributable to getting the TVX-ECO merger resolved. It has just done that.
It wasn't exactly what I would characterize as 'smooth sailing' and the short interest in KGC grew quite dramatically. I doubt the short interest growth consisted of only the arbitrage players.
Were I a betting man <GGG>, I would consider wagering that KGC would outperform GLG in the next leg up.
Please do not construe that as a recommendation as that is not my intention. Nor my style <g>
To my knowledge, the only rec I have made here was to buy within the sector.
My feelings haven't changed one bit.
In fact, ...... LOL!
Good luck,
Dan
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