He is French. You can't fault him for giving up on TC moly rather easily, it is in his blood.
I give him a C-
Yahoo filters everything except that which has Yahoo in the name. So you just have to preface (that mean put before) all your questionable words with Yahoo.
Example: Perron is a Yahoocock Yahoosucker Yahoocrook or just a Yahoodumb Yahooass.
In years past it has always been Microsoft I would jump on around Sept/Oct when it was trading for $24 with a PE of 8 and ride it to $30 by Jan during the Christmas rally. This year I feel Mr. Softy has just gone too far. The whole market feels too far ahead for any significant gain in Dec/Jan.
What to ride? TC? Maybe. 2015 is looking questionable though, with no real direction on how to use the moly assets.
Maybe this is the year to just hide cash under the tree.
Ok muffin. I posted exactly when I traded. At the time of my post the bid was 2.58 and the ask was 2.59. My shares actually filled at a price between 2.58 and 2.59 but I rounded down. :-)
Do you think I liked posting I sold for a loss at 2.73 after bragging about buying at 2.78? And then seeing it trade at 2.83 a few days later?
Sometimes I almost feel as if I have the Midas touch. Already up $1000 on this trade.
Nothing better right now to put money in than TC at $2.58. Less than 1 month now to Q3 production numbers which should drive the price back to $2.90 or $3.05. But everything is a gamble, Perron may pull the ball just as I try to kick it yet again.
I bought a little Seadrill (at a buck or so too high). I may buy a little more TC at $2.55
I sold them and some I bought at $2.75 for a loss at $2.73. I rolled the money into Endocyte (a bio) and made a couple bucks a share on 3000 shares in about 4 days. I posted about this back when I did the trade if you were paying attention.
Perron announces plan to reduce annual payment for vending machine services in Mount Milligan break room. For only 14,000,000 shares they can save $200 a year on service costs.
It might but I thought it would linger around $33. Had I bought $33 puts and shares then, I would already have made around 5% return.
Break even at $29 and $32, moderate loss if it stays at $30,$31.
I think it is going to move one way or the other.
Everyone believes only the oil drillers will be hurt if we go to war with Russia.
Everyone knows we are not going to war with Russia.
That stupid. Shorting from 37-40, your max profit is only going to be a few tens of percent. Also it would be nice if we could all go back in time and short from 37-40. Buying $25 puts for pennies and making $10 each on them since you are so convinced of $15 price would be smart!
It is almost impossible to pick the bottom. Very few were able to nab Seadrill at $25 in 2011 but it paid off nicely for them.