HSC gainer #65: Sell Hecla Mining Co. (HL) for gains of 50-120%
Today's Financial News - Posted October 8, 2009
Hot Stock Confidential subscribed to use today’s jump in silver prices to cash out of Hecla Mining Co. (NYSE:HL) for gains of 52%!
by J. Christoph Amberger
Baltimore, MD — TFN: Commodities are back up again, and so is silver. Today, one of our silver mining picks hit its 52-week high. For our official open positions portfolio, that means gains in excess of 50%:
On May 27, I recommended you “buy shares in Hecla Mining Co. (NYSE: HL) between $3.25 and $4!”
On July 8, you could have bought shares for as low as $2.30. Since we kept nagging our subscribers to buy more low throughout that period in our weekly portfolio updates, they had a shot at more than doubling their money on this one, for gains of up to 120%!
I say it’s time to make off with the gains. Sure, we might be able to squeeze another 10% gains out of this stock. But I’d rather book the gains at this level and look for new opportunities to make money!
We, of course, stick to our official Hot Stock Confidential entry price and only add 50-some percent to our tally.
HL is double-digit gainer #65 so far this year for HSC members.
Just how do we do it? Well, the best explanation I can come up with is this…
Next Article: TFN eNews 10/08/2009: How much gains on this silver miner?
Posted by J. Christoph Amberger · Filed Under Editor's Pic, Gold and Resources
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October 14th, 2009 at 3:47 am
Only a fool would sell HL now before their run into earnings on Nov 2, 2009.