RE:RE:RE:RE:RE:Dry Hole?
Like many who are running out of margin, I am too, so it is a trade-off sometimes.
I was selling MEI, DTX, MCR, LEG, RY and MRE to pick up more RMP at what I think is getting to be a bargain basement price.
Would love to see tomorrow on canadianinsider.ca that insiders were buying today. Then we might have an inkling that we have put in a bottom.
If not, then to me there is still a glimmer of a bottom. As I watched the tape today, 1) Altacorp was only selling a few here and there, they were not panicking, and 2) Clarus picked up some large amounts near the end of the day at $5.50 and higher. Of all the houses out there, I admire these two the most. Perhaps this trading is an indication of a bottom before the next announcement.