Yo DividendJerk............Alright have it your way DividendFool............
Royal Bank (RY) Price July 18. 2007 ---- $52.24 USD per share.
Royal Bank (RY) Price Nov 12. 2008 ---- $35.55 USD per share.
A juicy decline of 32%. OUCH!!!!!!!
Timminco (TIM.TO) Price July 18, 2007 --- $5.80 CAD per share.
Timminco (TIM.TO) Price Nov 12, 2008 --- $6.71 CAD per share.
A nice gain of 16%.
Questerre Energy (QEC.TO) Price July 18, 2007 --- $1.10 CAD per share.
Questerre Energy (QEC.TO) Price Nov 12, 2008 --- $1.60 CAD per share.
A very nice gain of 45%.
Remember
DivedendJack@ss most astute junior exploration investors invest as much captial as they are willing to lose but if the SP doubles, half of the shares come off the table. Whereas most Canadian bank investors buy, hold and pray and do not trade. At the moment I hold 16 stocks in my PF where I have absolutely ZERO risk. The most recent was UC resources. Anyhow I wlll post many more "penny" plays that have outperformed RY over the past year.
Good luck.
SMF069