"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Tuesday, May 12, 2009

NXG - Lock & load

They tell me I should promote more. I am trying to do things like remember to put 'tags' down at the bottom of each post (supposedly they attract more search traffic) and toot NTRH's horn when possible without coming off like an a$$hole.

But in the spirit of promotion, cause everyone loves a good stock pick, here's NXG - not recommended now by any means but NFTRH's last recommended buy was on the March pull back to a buck. It has been featured in NFTRH and traded by me personally since way under a buck back in Q4, 2008.

Anyway, there's the breakout. There's the target. And here's me, considering when to sell. I would hate to sell this one out totally, but if it hits 2.50, that is what is likely to happen. Short of that, I will probably sell partial positions to the elephants.