Booked more profits again +79% and over +$187,000Just sold another 5000 units of my JDST position at an average of $84.92 today. My average cost in JDST was $47.34.
So a profit of +79% and +$37.58 profit/unit of JDST. Another juicy profit of over +$187,000 for that portion.
Still holding 15,000 units of JDST. Once again, there could be a little bounce in gold, but gold will resume its path to test $1000/ounce and below. JDST was becoming too much of my portfolio's % and getting too big and that is why I am taking profits and reducing my holdings in JDST.
I posted on JNUG and NUGT that was heading to $1000/ounce and shorting gold stocks was the play. Gold bulls/nutbars are taking a pounding because they only have a one-way biased and think gold only goes up.
I said JDST and shorting gold was the play on several posts.
Such easy money.