Morning gold stock performance

Posted on December 12, 2005 , filed under Stocks | Print This Post

AUY, Yamana Gold, Inc. is jumping up this morning. AUY rose so quickly that I was priced out. I attempted to buy 5,000 shares of AUY at $5.45. AUY traded above $5.70 a few minutes ago. AUY is an example of what greed and strong speculation can do for an investor with nimble decision making ability. BGO, Bema Gold Corporation is another gold stock on my watchlist with strong volatility and heavy traded volume. BGO has jumped up, but not nearly as much as the other gold stocks on my watchlist. I have successfully traded BGO twice this year. I may take a position in BGO if gold shows a move up past $537 this morning.

Add this post to your favorite social networking site

(No Ratings Yet)

Loading ...

Comments

RSS feed | Trackback URI

2 Comments »

Comment by Evan

2005-12-12 11:22:39

Did you get UMC below 3.20 today?

Reply to this comment

Comment by tammy

2005-12-29 05:46:00

what are your updated target buyin range for auy now that it has past the $6 range?? do you expect a pullback in early Jan - good for entry point?? any other gold comments? I was looking at TRE - do you have any comments on this stock?? thank you - I enjoy your blog:)

Reply to this comment