I used to love this stock. Way back when it was trading at $3. I did the good old fashioned research on this one, and the 1k gold rally made Eldorado the road to fortune. Why the hell did I get off that road? I don’t know, what turned out to be my best long gold, will now turn out to be my best gold short. Um…. hopefully. I feel this is my second chance. I gotta take it. This is me catching lightning…
++ environmental concerns will blow up this stock
+ Gold’s stall in 2011 would give EGO a nice haircut
— Weak dollar keeping long term investors strong
By the way, I’m covering all of PEET (except 1 share just to tease me). It really hasn’t moved even though the market rallied, but I think I’m getting a little too heavy short. Therefore for the rest of August, if I want to short another stock, I’m going to cover another one.
My nephew just started intermediate school today and I went to drop him off. It’s the same intermediate school I went too. It was a big emotional experience, both with memories of those interesting times of my life, and with a realization that I’m not a kid anymore. I think it gave new meaning to me of the phrase “time flies.” I remember when the kid was born, and now he’s retracing my steps of memories that seem like yesterday, when I was a kid myself.
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