Seeking Alpha

James Emerson's  Instablog

James Emerson
Send Message
CFA Charterholder and former hedge fund trader and analyst specializing in REIT, hotel, home building, real estate, financial, and consumer discretionary stocks. Preferred stock expert. Extensive experience investing using a variety of typical hedge fund strategies including long/short equity,... More
  • Trading Update: Tanzanian Royalty Exploration,TRX collapsing 1 comment
    Aug 24, 2011 12:40 PM | about stocks: TRX
    The stock broke the key $5.70 level on relatively light volume.  $5.70 is a key level as it was price the underwriter paid in the recent offering.  Recent purchasers are now significantly underwater.  The next key level is the $5.30s which is my estimate of the entry price for the largest shareholder, Geier International Strategies Fund managed by Mr. Gibson.  Look for the downward trend to continue and accelerate if the stock breaks below $5.30
    Themes: Gold, gold mining, short ideas Stocks: TRX
Back To James Emerson's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (1)
Track new comments
  • Can you do an instablog update on Tanzanian Royalty? I know shareholders think that this stock will trade 11 times what is is doing now. Has anything changed?
    3 Jun 2013, 01:34 AM Reply Like
Full index of posts »
Latest Followers

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.