...but at the end of the day in a low commission, on- line roll over 401K account with no capital gain reporting until I take money out of it and taxed as ordinary income I have no problem making a few honeys every week and go out for a nice lunch.
don't get me wrong - I do. GBX, AAPL, TRN CBRL, SEAS, CAB,GRA and others have all been in the cycle at some point. The ones that did not pan out - JCP, KKD, DW, and a few others. Overall not a bad year at all - so far.
….but thats a good thing. The in and out plays prove my point. Incremental, non-taxed roll over IRA buys and sells are driving this stock. Good for us. If making a few honeys on this every 4-5 days in wrong - I don't want to be right.
Yea…. and what ever happened to that husband and wife team who use to run an on-line mine opposition web site. After he was caught and convicted for felony check fraud he went on the run and continued stealing - from his wife! So far - the only one who did any jail time.
So help us understand the significance of that. The year to date number for MGN is better than owning Apple stock! You pick points in time when you have failed at investing - your good at that. Do you need help? There is a lot of useful information on the web on how to invest. You have to know when to buy and when to sell. I get that you have no concept of that. Spend less time on your “I hate Dobbs” rants and more on how the market works and you will be better off.
Now make a new buy point and add in when it gets there. Mine is 93.50
From their article: The final environmental impact statement on a massive copper and silver mine in Lincoln County is inching closer to completion. But despite having the finish line in sight, supporters of the Montanore Mine are chastising the Kootenai National Forest for extending the comment period on the draft EIS by two weeks at the request of the Environmental Protection Agency.
“Delays from federal agencies have repeatedly held up development of this mine and dragged the permitting process out for nearly a decade – holding up hundreds of jobs in Lincoln County and significant economic benefits to the area,” Daines said. “The EPA and other involved agencies must end the excessive delays and stop obstructing progress on this important job-creating project.”
Dobbs said once the project is permitted, one of three things could happen: Mines Management could move forward with the development and operate the mine itself; it could look for another mining company to partner with; or it could sell the project at a permitted and ready-to-go mine. He said the one requirement of any sale or joint venture is that the project starts immediately.
“We’re going to do everything humanly possible to get the project going as soon as possible because we have a strong commitment to the people of Libby,” Dobbs said.
US Rep. Steve Daines visited the Montanore mine outside of Libby Friday afternoon in light of the 2014 election in which he is campaigning for the U.S. Senate seat. Daines, a Republican who represents Montana in Congress, toured the facility with several members of his staff as well as executives from Mines Management Inc. which claims the mine property.
In response to a question about how important the mine is to the community and state, Daines emphasized that an opportunity like the mine is something that can’t be ignored. Dobbs said about 300 mines would be created from the mine’s production, and Daines said this rise is jobs would help the Libby community and the state at large.
“This is a very exciting time for us to embrace a chance like this to open up jobs to a place like Libby,” Daines said.
On a personal note: Steve Danes will be the US Senator from Montana in January. With the withdrawal of Walsh from the election and no other valid candidate his election is certain. This is key to the support for this project. Still no environmental objection to this project.
sounds like you have a crush on him. just ask him out. take a chance. you will never have a healthy relationship until you do. the last few were disasters - remember .
I applaud Apple on their stance on the current corporate tax structure. Having several billions of dollars off shore and away from US tax requirement is a strategy that has been benefiting the share holder for several years now. Keep up the good work.
This approach will continue to add value to this, and other stocks.
Is .70 the new 60.
It has, for the past 4 years, been my strategy to let this roll down into the .60 cent and below range and then walk in a make a 3-15K buy. Let it roll up to around .72-.78 before selling. Except for one time this year when it went so fast up to over $1.80, (sold at $1.37 to $1.44), it’s been a valid strategy.
Lately it’s been holding up. Disregarding the 50 and 200 DMA it’s becoming more apparent that a .60 price target may not be in the cards any longer. I may have to look at .65 to .75 as the new .60