Riding The Gravy Train: selling SAN +42% in 1 week, selling PGR for break-even.

Riding The Gravy Train

Beating the market is fun and profitable. This is how we do it.

Thursday, November 01, 2007

selling SAN +42% in 1 week, selling PGR for break-even.

We wanted to sell last night, but thought we'd get another day's gain. Not the case, so we sell SAN now for a 42% gain in only 1 week.

Our speculative side desires to repurchase Red Hill, which we sold for 91% gains last week and it has dropped almost 25% since then, but we hope to reconsider it at lower prices.

We also sell PGR which we bought last December and it went well against us but recently had a meteoric rise to the break-even point. We held as we were bullish of its long-term prospects, but the markets are volatile and we do not wish additional long exposure after the good fortune of having this stock triple in price this month.

These shares all trade on the Venture Exchange in Canada.


We remain bullish on our calls listed in the posting dated Septeber 23 2007.

We remain long-term gold, silver, and uranium bulls and US housing, banking and dollar bears.


We receive no remuneration or incentive directly or indirectly in any way, shape, or form for buying or selling the stocks we do, or mentioning them in this blog. If we hold existing positions we divulge the fact, otherwise we generally buy and sell as diarized here. This blog itself is merely a diarizing of our thoughts and trades and is in no way whatsoever to be considered investment advice of any kind. Always without fail consult your broker or investment advisor before making any investing decisions.

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