I'm thinking there will be opportunity to buy ECA back under $20 (maybe on Monday?). I don't really like the company and would rather pay ~$17 something like last time.
I'm thinking there will be opportunity to buy ECA back under $20 (maybe on Monday?). I don't really like the company and would rather pay ~$17 something like last time.
I'm not sure why it's going up but it touched 22.40 (on usd side) on 28/10/2011 and 09/05/2012 and went down after... if it pops above that level and stays it can easily go up 2-4$ up but with all the negative news lately and euro bs the odds are against that move so I rather take my 2g's profit and run with ipl...
Originally Posted by Eder
5000 TLM @ 11.71
A nice bump this week.
Monday will be interesting!
Don't try and Time the Market.......and Don't Buy High and Sell Low.
Farcical!
not me, I only buy ECA , never sell.
Imagine what phones would look like if our ears were no where near our mouths
Sold 750 BMO @ $55.50.
Purchased on June 11 for $54.50 using margin.
Nice quick $750!! Good use of the dreaded margin!
Thank you, kind sir.
Now, I promise... no more margin until 2013. (maybe)
I will be happy to start taking bets, I say there will be a margin purchase before the end of June ;-), over under, I am way under ;-)
Now, I promise... no more margin until 2013. (maybe)
It is a statistically proven fact that KaeJS's margin is directly proportional to Belguy's whining on the forum.
Just go back about 2 years and check - there is perfect co-relation.
Now if only I got a $ every time KaeJS swore not to use margin again....
Lol. If Kae can make $750 every time he uses margin - he should continue to do so. Not sure how much the site owners are paying Belguy.
Mike Holman
Money Smarts Blog Investing and Personal Finance
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