December 23, 2010
Published by Kuppy at December 23, 2010
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Over the years, I’ve developed a lot of rules for investing. These rules are meant to stop me from doing foolish things and over time, these rules have saved me a fortune. I am now adding another rule—You Can’t Argue With Stupid. Let’s face it; some people just are not cut out to be public company CEOs. Everyone has their skills. Some guys are Read More
Categories: Investment Strategy
Positions Mentioned:
December 17, 2010
Published by Kuppy at December 17, 2010
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What if you tried to corner a market, but no one believed you? What if they didn’t think you had the competence to pull it off? Or the gumption? What if they didn’t think you had the capital to actually do it? What if you talked a big game, but then came up short? That sure would be a disaster for anyone who had Read More
Categories: Comments On Events
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December 9, 2010
Published by Kuppy at December 9, 2010
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Two weeks ago, as the fate of Europe hung in the balance; I got a witty email from a friend. “What’s the difference between Ireland and Iceland?” The answer: “Two years and a letter” “LOL, ROFL …!” I responded. In case it isn’t clear, two years ago Iceland collapsed and ironically, there is only a single letter of difference in their names. Then I Read More
Categories: Comments On Events
Positions Mentioned:
December 5, 2010
Published by Kuppy at December 5, 2010
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After the close on December 2nd, Energold (EGD: Canada) announced that it had entered into a “bought deal” financing with a syndicate of underwriters to raise CAD $15 million. The terms are a unit at $3.70 with a 2 year half warrant at $4.50 that is callable at $5.25. I had no idea that such a financing was imminent and was shocked to hear Read More
Categories: Investments
Positions Mentioned:
Gold Rush Reality