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First Asset Morningstar Emerging Markets Composite T.EXM.A



TSX:EXM.A - Post by User

Comment by coach247on Jul 07, 2007 10:06pm
335 Views
Post# 13052568

RE: you convinced me

RE: you convinced meI have been a buyer of EXM many times in the last year or so, and usually in small batches of stock when I can free up cash in my PF. I really do not mind that the stock has been stuck in a range, since it allows me the opportunity to gain more leverage cheaply. I have never sold a share of EXM and have been buying above and below the current share price. The people that do well in this sector are likely to be those who can continue accumulating cheaply and not be influenced by fear while the sector trades on weak sentiment. Sooner or later, the PM juniors are going to be the stocks that are in demand, and the ones that trade flat right now will suddenly be bidding much higher. It makes sense to be a buyer while the sector is out of favour and to be able to build a position cheaply. That window of opportunity will be closing forever. cheers! COACH247
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