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Message: Re: Dumpster Diving Part 2...day trading .

Oct 16, 2009 10:24AM

Oct 16, 2009 11:47AM
4
Oct 16, 2009 11:50AM

Oct 16, 2009 12:00PM

Oct 16, 2009 12:47PM

the spreads beween SKP AND SAN. Ali from Montreal. I see you grasp the fact that SKP is holding a high market valuation and San keeps getting kick around in the sand. I guess i wonder how you see day trading between the two as a money propersition that you can make money at. Skp holds a one cent spread between the bid and the ask and so their is no money to be made here , especially with low volume and then San also plays a low spread with the small orders.I see your frustrations as some do not understand the mining industry , San or SKP are more of a gradual rise so better off playing the blue chips for daily trades. San in the next 3 yrs will be producing over 200,000 oz a yr and by that time SKP will show us Two hinges. The wild animals will show us the extension of SG3 and Angelina ( do your DD rookie ) so just a heads up to hold a core position and keep cash for your daily trading the blue chips. PS, playing the spreads in your TFSA on the other hand is a good money making propersition as one can swap between the high and lows amongst your trading accounts. Long On The Greens Traps7


Oct 16, 2009 08:57PM

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