Grandich Suggests Taking Some Profits
I had every intention to honor my commitment to my family andmyself to take some real-time R & R but the blizzard of 2010 shotthat to heck! My grand niece came to stay for a few days and while Ipromised her some fun in the snow today, I find myself where one canusually find me – in front of my computer screen.
I will indeed be back regularly next week but for now a few tidbits:
- I’m “blown” away by the many big gains in my “Tracking List” and among Grandich client companies. I’m especially “grateful” for my Tracking List” significant exposure to uranium-related plays. A Grandich client, Crosshair Explorations, has “lit” up the sky by going from around $.70 (post reverse split) to $2.70 in about a month. I was in the $.70 placement and would’ve been thrilled if it merely doubled within a year, yet alone 300% in a month. While we’re locked in for three more months, any and all who may have read this commentary and acquired shares well under a $1 (post reverse split) shouldn’t look a gift horse in the mouth and at least considering taking out your original investment (which would mean letting go of just 25% of it). While I think CXX future has never been brighter, I’ve learned in this game that there are bulls, bears and pigs. The bulls and bears each have their day but the pigs always end up getting slaughter.
- It’s very hard to find serious undervalued situations. For myself, I bought some NDM earlier in the week and have been aggressively buying Heatherdale Resources (HTR-TSX-V) through today, with a $1.25 buy limit in my mind.
Here’s to 50 degrees this weekend and a big-time snow melt.
https://www.grandich.com/2010/12/grandich-fails-to-keep-promise/