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Holding: GLD

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Symbol Sector Return Exposure Trades Last Trade Status
GLD Equity Investment Instruments 8.86% 
Long
1  05-Jun-07  Currently Holding
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27-May-08

CNBC Bonus Bucks Trivia: The other black gold: On May 22, super-trader Jon Najarian said coal is up more than oil. He recommended buying:

Holding Rationale for GLD.

The other black gold: On May 22, super-trader Jon Najarian said coal is up more than oil. He recommended buying:

In the space I like Consol Energy (CNX) and Peabody (BTU). They too have run, but not at those levels. I think they’re the best buys in the space because they have significant upside potential.

Both companies have mixed report cards based on the models I follow. They rank highly for price momentum and earnings momentum but poorly for free cash flow and return potential.

Disclosure: Author is long STREETTRACKS GOLD (GLD) at time of publication.

Tagged Stocks: GLD

 

Posted at 05:13 in Holding Rationales  |   Permalink  |   Comments ()     |  Top

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GLD Long
Rank 34/250
Return 8.86% at 2008-11-20
Rank 34/250
Trades 1
Followers 27
 

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