I sold most of my IGMI on the Jason pump. Yeah, baby! Figure I'll buy it back later and hold til the next pump. But I don't think that property will ever go into production.
Thanks for the post.
My moly stocks doubled and my plans were to hold basically b/c of the thousands of miles of pipelines alone (moly is required) and w/regards to solar I was under the impression it would take off!?
I feel good about my silver investment, what I am unsure about is timing the sell. I did read that gold & silver, in the short term,is expected to go up then taper off before it shoots back up. I don't know how to time the market so my thought is to just hold for the long term.
Anyone wish to share their comments?
I don't know much about moly except that it has had a wonderful run and the companies that do and some that might extract it have done quite well. And I don't know how much longer this expansion has to run but I would argue that we are closer to the end than the beginning. It could be a good time to begin thinking about when to pull a few chips back off the table. As far as an outfit that will soon market a solar invention; I would rather put a dollar or two into lottery tickets. Good luck with your investing.
To catchthatknife - THANK YOU!!! I appreciate your time.
PS Have you been following the story on molybdenum, AUA.V or IGMI.OB, or a company, possibly XSunX?, that won the 2005 World Tech Award and is expected to go from 1.50 to $25 once it brings its solar invention to the market sometime in April?
A lot of investors scale in to and out of a position. A quarter at a time, a third at a time, etc. When someone is "full long", they are 100% invested.
"Naked long" I'm not familiar with unless they are talking about options. In that case naked means with no offsetting position.
that was not the answer I expected and honestly, was your answer really necessary. There's a time and place for everything so, speaking as a mom, remember your manners.
I don't know how else to ask the question.