Showing posts with label MCP. Show all posts
Showing posts with label MCP. Show all posts

Wednesday, January 12, 2011

Commodity Stocks Going Higher

Softs, Coal, Oil -- they're all going up. Time to load the truck up.

Bought Petrobras (PBR) @ $37.39 (NS)
Bought Mosaic (MOS) @ $73.50 (NS)
Bought MolyCorp (MCP) @ $55 (NS)

Right now I'm holding tight on Gold. Waiting for the follow through before buying more.

Tuesday, October 19, 2010

One winner, Few losers

Stopped out of Agrium (AGU) for ~ 5% loss.

Bought MolyCorp (MCP) yesterday @ $30.50 (NS). That's already up 10%.

Bought Conoco (COP) yesterday @ $61.06 (NS).

Added to Yamana (AUY) yesterday @ $11.17 (NS). Cost average now up to $10.60

Wednesday, September 29, 2010

Moly, Transocean

Sold MCP @ 28.21 (30% gain) on Monday. Bought it back at 26.25. Huge, beautiful bullish reversal today with a long tail on heavy volume.

Bought back by RIG call late last week for a nice 30% profit. RIG is beginning to look overbought but I think oil is starting to break out and RIG may exceed 70 in the near term.