OTCQX:PALAF - Post by User
Comment by
SurfForWealthon May 24, 2007 12:19pm
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RE: Small investors are selling?
RE: Small investors are selling?I did a series of swop trades this morning that I have done several times back & forth. I sold all our AXU (Aurora), a top 3 holding for us & put that cash into parent FRG (Fronteer) making FRG our top holding. The FRG trades were filled by many small batches of 100-300 shares. This supports your theory of retail investors panick selling.
As for AXU/FRG, I monitor the market value of the non-AXU & non-cash assets for FRG to make the swop decisions. This has helped to boost my returns on these stocks which I like in general. FWIW PDN is currently a top 5 holding for us along with SXR. Cheers!!!