Well a few referral's from finance related sites from my recent investment comments. So I decided to post more. I realize both my recent recommendations have actually gone down in the last couple days and if you purchased after me you may be in the red right now. Suck it up its not a quick buck and enjoy the ride with the ups and downs. The resource market is volatile so the ups will come again before you know it just don't be greedy. Chariot announced today a significant increase in resource estimates from a Peru location and opened 7% higher and went up to 8.5% early in the day. Unfortunately the entire market dropped about 160 pts shortly after reaching a record high and the resources took a hammering including bwr and chd.
Also LMK may come back on the list. They recently removed and appointed a new President and CEO. There are still some numbers in there financials that concern me, and some numbers that are not there at all that concern me even more. I'll be watching for audited statements and re-evaluate then.
Time to go update the portfolio from today's activities and remember a shortcut is often a bumpy road not a paved highway.
Labels: Invest