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Re: NXG - *SOLD* (again)

By: capt_nemo in ROUND | Recommend this post (0)
Sat, 03 Sep 11 7:35 AM | 46 view(s)
Boardmark this board | De's Test Board 		Msg. 34765 of 45644
(This msg. is a reply to 34758 by Decomposed)
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Yes that's sad but you aLways bounce back DE. That's why you still in the game!! I commend you Thumbs Up




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.


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The above is a reply to the following message:
NXG - *SOLD* (again)
By: Decomposed in ROUND
Fri, 02 Sep 11 10:34 PM 		Msg. 34758 of 45644

I sold another 2x stake in NXG a half hour ago, at $4.23/share.

And no, Nemo. My average is nowhere near $2.75. I had sold *ALL* of my Northgate in July, remember? The shares I'm selling today were bought only a few days ago, at prices ranging from $4.00 to $4.38 per share.

I was badly screwed by Northgate's deals with Primero and AuRico. (I'm normally diversified enough that sudden actions don't hurt me too badly, but that one really stung.) I held large quantities of Northgate almost nonstop for ten years, bailed when the Primero deal was announced, then missed out on the huge price jump a month later when the Primero deal was scrapped and the AuRico deal announced. How sad is that??

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