Raw Greed Yamana Gold, Inc. Update

dots Posted on November 3, 2006 , filed under Stocks | Print This Post

Yamana Gold, Inc. (AUY) has passed my target sell price of $10.50 faster than I anticipated. AUY is currently trading at $11.10 in after hours trading. The stock is up over 40% since I purchased the stock about a month ago on October, 4th, 2006 at $7.91. I suspect that the stock has gone up a little too much, a little too fast. On Monday, November 6th, 2006, I will likely attempt to sell my remaining shares of AUY if the stock trades between $11.30-$11.50.

Gold is currently trading at $627.20.

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