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H. T. Love  

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  • Agnico-Eagle Mines, Ltd. Wall Street Analyst Forum Transcript [View article]
    I've been long AEM for some time. Got impressed enough to by some for my wife's account. I plan to keep adding to our "core" position as entry points are presented.

    However, with the economy what it is (need to be sure and have a reasonable amount of cash) and the volatility of the stock price, I also trade AEM around that core position. After a few trades, I've usually made enough to add more to the core position and still have the COH I want to maintain.

    You can also do this using options (write covered calls) on you core position. I have done and am doing this. Just be careful on the strike prices you pick so the core doesn't get called away.

    I think it's a great company.

    Jun 13, 2009. 05:00 PM | Likes Like |Link to Comment
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