Monday, June 8, 2009

Blogger in remorse

KGN has risen some 600% off my first buy levels back in the crazy Q4 of 2008. With a 107% gain on the remaining shares on this latest trade, I say goodbye KGN - for now and hopefully not forever.

I tried to make this one an investment, but it has forced my hand with the words 'don't be greedy Gary' echoing in my head. NFTRH's other standout explorer, FRG, has had similar gains near the 100% level and remains in the fold.

KGN is at what would have been my most optimistic target for this intial burst off the bottom. That doesn't mean it won't go higher. It just means that I am done for now, after well over a half a year of association with this gem.