Re: MLY Sprott Moly Part.

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gemoz

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Re: MLY Sprott Moly Part.

in response to

MLY Sprott Moly Part.

gemoz

posted on Oct 13, 2008 03:58AM

Talk about wrong! MLY has lost $2.00 since my last here.

I did average down a little, recently, at a price I never suspected this fund would drop to, and yet, its closing at $1.00, Friday, is even worse.

If the markets continue to improve today and tomorrow, it should be interesting to see how this fund perform.

Weiss Capital LLC had increased its holdings to 16% when the price was still $3.00. Perhaps, patience will be rewarding?