Saturday, October 10, 2009

bad luck this time ...

folks, i had not much luck with my 2 recent stock picks ...

formation capital did nothing since i've bought their shares 3 weeks ago, so what about my finally producing gold mine and former explorer petaquilla? don't ask that ... even if the gold price reached all-time-high last week their share price fell to multi-years-lows :-((

hell, did i understand their latest news about financing & debt reduction through 'senior secured notes' of its own management somehow wrong or not at all?

hmmmm, that mistake hurts a lot even if the most other gold/silver stocks in my portfolio increased analog their peer groups HUI, XAU significantly and thus my portfolio is not far away from its in september reached all-time-high

btw, i have few contracts of orange juice in my trading account ... aaaaand orange juice advanced more than 10% on friday! damn, why do i also have natural gas? its fall reduced my orange juice profits by 50%. folks, good luck with your own trading / investing ...

ps: did u drink some orange juice already today?

1 comment:

YeOldGoldNugget said...

thats a bummer Jaro :-(

well, you can always comfort you in the fact that we are just at the start of golds multi-year rally to higher grounds.