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Sandstorm Metals & Energy Ltd STTYF



GREY:STTYF - Post by User

Comment by denisonodon May 04, 2013 8:44pm
83 Views
Post# 21339835

RE: RE: RE: RE: Reporting

RE: RE: RE: RE: Reporting

NZ, your correct on most counts.  I had apolicy of being somewhere in the 7:3 to 3:7 are for the two companies.  That got destroyed last summer when my (then) primary broker changed clearing firms and in short order I had to either sell all five symbol stocks ending in F or transfer shares to an accepting broker.  So, I was forced to sell all the STYFF and simply bought SAND with the proceeds.  Over the past nine months, I sold a little bit of SAND (near the 52-week high) and bought STTYF.  In addition, bought more STTYF (than SAND) during the monthly purchases.  Current ratio: Close to 4:1 towards SAND.  Considering the intermediate prospects, I rather be at 3:1 or even 2:1, but I just can't sell SAND in this area.  Hope this helps anyone else who has shares in both Sandstorms or is even considering both companies.  Also like to hear other opinions.  GL

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