Sold AA at $8.52 (cost was $5.42) (this got called away from me at that price)
Sold SLW at $8.65 (cost was $3.4) (It closed right below my call strike, but I sold it anyway)
255% gain on Silver Wheaton in just a few months and it was a pretty large position. I'm pretty proud of that one.
This is probably my biggest gain in a stock (not an option) in my trading career... it is hard to let something run this far without taking profits, but I am glad I was able to do it. This is the reason I didn't hold onto the stock even though I could have (since we closed below $7.50), I believe I have gotten enough out of this one...
Sunday, April 19, 2009
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The miners have had a spectacular run from the November lows. Perhaps in the not too distant future we'll be able to buy them again a bit cheaper and ride them once Gold breaks out above $1000.
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