RE: RE: RE: RE: RE: RE: RE: TrendGo Iletea --> $8.80 on or around August 15th ! Go ahead. Make my day.
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RE: RE: RE: RE: RE: RE: Trend
lletea
1
4/1/2011 9:05:36 PM | | 389 reads | Post #29517338
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I mentioned that because of CUU, I have recently opened positions in Romios and Roca Mines.
I thought that the idea here is to maximize profits. IMO, unless you believe Romios or Roca will outperform CUU in the next 4-5 months, it makes no sense to invest in them right now. You'll be better off to be in CUU now and get in the other ones once CUU is sold. Lets say CUU gets sold for $8 in five months from now (very likely scenario). Your position in Romios, for example, will lose money for you unless Romios goes to $1.60 in five months (it is now at
.40).
Don't give me the "mitigating risk" answer; the only risk for CUU is a sudden world-wide economic collapse and in that case it doesn't really matter what stocks you are in; everything will go down big time.