selling BVG, SSE, ABN, SSV, FRX, UNI, NUC

Yes, we're still alive and well. As we'd promised, once into this new year we're letting go of the laggards and letting the winners ride.


To recap, of the holdings that we've held for 3 months or more (going back to inception of this blog in early August '06) :

5 of 34 are up 100% or more
13 of 34 are up 50% or more

Average gain for the shares held 3 months or more = 43%

Portfolio's average gain to date = 39%


All despite these laggards, which today we sell :

BVG for a 1% loss.

SSE at break-even.

ABN (both positions) for a net gain of 1%

SSV for a 3% loss.

FRX for a 10% gain.

UNI at break-even.

NUC for a 52% loss. A horrible laggard that should not have been held under $1, but we had hoped the sector would buoy it somewhat. We now give up hoping so in vain and put this tactical error behind us. It is plays like these that remind us why we are careful to put a similar amount into each holding rather than over-weighting.

These stocks all trade on the Canadian Venture Exchange.


We remain gold, silver, platinum, and uranium bulls.

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