Riding The Gravy Train: ARU & ARG Update

Riding The Gravy Train

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

Friday, February 22, 2019

ARU & ARG Update


In October we took positions in ARU and ARG.

Now we'll raise stops to $2.45 on ARU and $0.94 on ARG.

ARU also trades as AUIAF in the U.S. while ARG also trades as ARREF in the U.S.

Since their home exchange is in Canada and most of the trading volume is there, our stop prices are in Canadian dollars.

Speaking of which, ARG is now trading at a 5.5-month high and decisively above the key psychological level of $1.00 Canadian.

For variety this chart is in U.S. dollars, and looks otherwise the same as it would in Canadian pennies:





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