First of all, neither Biiwii.com nor this blog are 'stock pick' sites. Secondly, it is far more important to me to get a handle on the macroeconomics than it is to ferret deeply into individual stocks, and thirdly, Biiwii.com is currently leading this stock picking contest presented by Mr. Asif Suria at SINLetter.com. Wheeeee!! Of course, by the time you read this I may not even be on the front page of leaders because we all know how stocks move.
A couple notes: I picked these on 1/1/08. PAL (I don't own it) was a replacement for my original pick (YNG.to, which I also don't own) which was disallowed due to its Toronto listing. I own GSS and I picked AMZN short (currently short nothing in real life), which I think may be my undoing in this contest. You know I deplore the casino mentality and generally do not have a high regard for owning stocks as anything other than short to intermediate term profit vehicles (there are very few I consider indefinite holds), but this is fun and even we gloomy Gus's get to have fun once in a while.
betcha gald i didn't enter dood.
ReplyDeletedouble wheeeeeeeeeeeeeeeeee!!!!
I would kick yer butt dood! They don't allow .TO's and .V's ;-) Hey, it's been a good year for us, hasn't it? Hey, speaking of .TO's, do you still like VEM.to? I am looking at that and a couple other non starters as well as to add to a couple things upon any pullback before POG 920.
ReplyDeleteMy ST port. was up 66% in Nov. My arse was kicked by the PPT in late Nov & dec. I will again return the favor.
ReplyDeleteUp huge again in '08 owning a 33% stake in Can Roys and a 30%stake in Gold.
My IRA is now 33% CEF, 33% GLD, and 33% GDX. Whole 9 yards (not ammo).
Roth has the Can Roys, and a lot of PM stocks. Moved almoat 5% in 2 days this month,
I'm not here for diversification, or paint-drying moves. I'm here to kick arse.
DB
PS You have my prior emails.
yep, still like VEM.to
ReplyDeleteNice newsflow that has gone under the radar of the upnorth guys: VEM is now on the big board at the Lima exchange, and the bigboy Peru pension funds with more moolah than places to put it can now buy into the stock.
I likey...expect production to start late 1q08 at Azulcocha. Guaranteed offtake at mkt prices from Glencore.
Thank you. I am bag holding an initial position and may add some more.
ReplyDeleteWell, I added more VEM.to today. Not expecting a quick U turn back up. Also picked up some PAL, so now I own both my longs in that contest.
ReplyDelete