I had an alert if and when KRY popped above $5 it triggered today and since I never really had a reason to sell it to begin with except nerves, I decided to buy it back this morning. Got in at $4.99. There was decent volume going into the $5 level. Lets see what happens [...]

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Since this mornings sale of 50% of my KRY position, the stock is down about 6%+. I bought it back just now, except I was able to buy a little more.

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Took a 11.5% gain on this KRY trade. I sold half, just in case something happens with their permit this week, I still want to partake in that action. On a daily basis I’m seeing some signs of overbought. However, being overbought doesn’t matter if such a catalyst as their permit is in play.

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Picked up more KRY for the new portfolio as a swing trade.

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Well a few days ago I gave up on BBC, because I saw the bargain in KRY. However, BBC was still a good bargain, I had suspicions that KRY would get approval for its Venezulean mine soon.
I’m still up more on the KRY position than the BBC position would have yielded, regardless of the big [...]

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Todays action was another down move perpetrated by the news yesterday:
Chavez May Propose Bill to Take Over Mine Ventures (Update7)
June 12, 2006 17:52 EDT — Venezuelan President Hugo Chavez may propose legislation allowing for government takeovers of mining companies, said the [...]

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KRY, this gold stock, put in a buy signal today at the close on the beta system.
This gold stock has been mentioned by Cramer on his radio and tv show numerous times. I was in it before he mentioned it by a few days am currently up 35% (down 50% in VTSS).
Here’s a screenshot [...]

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ADX(14) crossed above 40 with this mornings gap up–thanks goes out to Jim Cramer of Mad Money fame for bringing the cheapest gold stock on the planet to the world’s attention. Its just good that we’re in it before hand. Up 19%+ so far this morning.

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