Selling NUGT, +28% in Six Weeks
We entered NUGT at $15.60 in late April.
Just six weeks later it trades at roughly $20 with an hour to go before today's open, while gold itself is just shy of a 52-week high and $25 from a 6-year high.
We'll close this position to book a quick gain of around 28%, depending where it opens, adding it to the 36% profit we scored on NUGT in February as well as another NUGT position sold in early January for a gain of 28%.
Fantastic!
NGEX Resources (ticker NGQ trading in Canada and Sweden) was featured here a few weeks ago and still seems an excellent gold-related speculation.
Just six weeks later it trades at roughly $20 with an hour to go before today's open, while gold itself is just shy of a 52-week high and $25 from a 6-year high.
We'll close this position to book a quick gain of around 28%, depending where it opens, adding it to the 36% profit we scored on NUGT in February as well as another NUGT position sold in early January for a gain of 28%.
Fantastic!
NGEX Resources (ticker NGQ trading in Canada and Sweden) was featured here a few weeks ago and still seems an excellent gold-related speculation.
posted by C. Guinness @ 8:47 AM
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