Taking over for Peter
posted on
Jul 24, 2016 11:31AM
Well from what I can see,no one is here posting anymore.I will spend my time taking over the role of Peter Grandich and will be doing a Sunday musing every week if possible and entertain myself I guess.Unlike Peter,any company I recommend is not paying me(I am open to offers though)to hype them.Unlike Peter,I will not defend bad managements(yes I am referring to Donner and Geologix).In fact good management with past success is a key component to most of my metal plays.Those that are not are pure spec plays.Past success is a great indicator for future success.
I will point out at this point that I have taken the strategy of selling 1/3 of holdings whenever a stock has rallied so much that it has become more than 25% of my overall portfolio regardless of what I think of the stock.This has been happening frequently lately.