Timmins Gold Corp T.TMM

Profit taking

[Charlie_Chan]

Hard to beliueve that 3 months ago TMM was trading at $.15. I would think that many investors are lightening up their TMM shares at $.50 and enjoy the profit. 

A fairly established wall is in place at that price point.

arket Maker	Shares	Bid Price	Ask Price	Shares	Market Maker
	23,500	0.495	0.500	390,000
	87,500	0.490	0.510	78,500
	48,500	0.485	0.520	38,500
	84,500	0.480	0.520	38,000
	12,500	0.475	0.540	118,000
	23,000	0.470	0.550	154,000
	124,000	0.465	0.560	76,500
	21,500	0.460	0.570	40,000
	12,500	0.455	0.580	156,000
	34,000	0.450	0.590	11,000

[bob4977]

You are right about the selling as far as I am concerned Charlie but it is not all profit for me. I bought as low as 23c but also bought as high as $2.20 which seems a long ways away right now. I am a bit overweight in TMM right now and still have the memory of huge losses just a few months ago. I am heavy into gold stocks right now and my strategy has been to slowly sell as the prices go up. This

[Charlie_Chan]

I hear you Bob. Although I may be making some pocket change on TMM, it is only because I came to this stock in the past 9 months. I took some major losses in other stocks prior to selling and moving into TMM and the truth be known, anyone who has been in precious metals stocks the past 5 years has taken a major hit. Only now are we seeing some sunlight.  The profit takers today are the

[blade86ca]

I agree with you guys , I also remember buying  this as high as $2.00 but only started buying immediately again the day I read that Goldcorp took shares in TMM at $0.30 for their plant equipment. After the price kept dropping below $0.30 I kept averaging down all the way down to $0.15 and then stopped buying as I do not like being too overweight in any one company ( will only overweight with

[SSM0006]

I just discovered this stock recently and bought in at 31.5.  Unfortunately, I waited too late in that day when it was .24...  However, not ready to take profit yet.  I think this stock will continue to climb.  How can it not?  A sure thing in my opinion.  I think another great one to have is VIT.  Victoria Gold...lotsa cash and lotsa gold!  I took profit on

[Aurum1983]

There's bound to be some profit taking from those who got in below 20c and I don't blame them. But they are the minority and will be repalced. For us longs who held on for years we know the company is going to turn around in a big way with higher POG. This is basically a leverage play on gold. I think gold will breach 1300 by the end of this month.

[intowin]

There is also the day traders. They get in early in the trading when there's a lot of hype. But by day's end they bail, profit or not. We're a very liquid stock.