Friday, August 11, 2006

 

Sector Spotlight: Prescious Metals

I guess the "terror" premium is coming back into gold, following yesterday's selloff. I own a small amount of gold, via GLD and I feel it can trade up to $70 by October.

Here are some standout precious metal stocks this morning:

NXG +5.5%
GROW +5.0%
TCK +4.75%
PD +2.8%
GG +2.0%
AUY +1.6%
FCX +1.1%

Feel free to leave some names in the comments section.

NOTE: Remember Que Pasa (QPSA $7.5) circa 1999? Well, don't look now, but the stock has been ripping to the upside, lately.

Also, I am quickly gaining lost ground on my two shorts from yesterday: ATHR and BRCM. And, my TUG purchase looks pretty good too. I own a nice chunk of that one.

# posted by Broker A @ 9:44 AM
Comments:
Check out my Blog on EZM

Newbull.blogspot.com
# posted by Blogger Polecat : 9:59 AM
 
Hey Mr. A, where's Mr. B? You posting out of New York?
# posted by Blogger Gio : 10:09 AM
 
Out of Manhattan, indeed.

Mr. B is a paranoid creature who dislikes the internet.

Very cranky.
# posted by Blogger Broker A : 10:19 AM
 
I'm jealous... I'm trading in Honolulu- it's 4:21 AM here.

ATHR making u look good- I guess no streaking down the streets yet.
# posted by Blogger Gio : 10:26 AM
 
Not yet.

My target on ATHR is $15.
# posted by Blogger Broker A : 10:36 AM
 
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