• Ocean Man
    Doubled up ABX at 36.02, full position now.
    7/10/12
    Reply (8)
    • realornot: ABX is either in or close to a turnaround point! Good looking pick!
      7/10/12
    • realornot: the lowest point is the 52wk low. 34.82 so timing is very close.
      7/10/12
    • Clayton Rulli: dang. you must feel strongly about ABX. why?
      7/10/12
    • FortSumter: What's the play? Earnings? Technicals? Would this be a good option play? Plenty of volume and interest.
      7/10/12
    • Ocean Man: Talked to a guy on my vacation who manages their Dominican Republic mine, said it's coming onto production in 1-2 months & > expected gold.
      7/10/12
    • Ocean Man: Not sure how significant that is in their overall production, but I like the company anyway and it's at recent lows, longer term play.
      7/10/12
    • FortSumter: Thanks OM, just trying to follow your thinking on this.
      7/10/12
    • bradyc: added some 35.6
      7/10/12