Gambling towards success
I got a comment from Dave asking me why I win all the time…
Actually Dave, the reason I got such a good run is because I jumped into the market when it was at its bottom lowest, if I would have started two years ago, I fear things would have been very different and lost quite a substantial amount of money! I also make big mistakes, I still own over 20 companies that are losing money which I am waiting to turn a profit before getting rid of them at a profit. Just last week, I put 2500$ into a company that went bankrupt 3 days later! I lost all my money on that one. I lost lots of money when I invested in Canwest and Citigroup as well which I have written in this blog. I am overly aggressive when it comes to the stock market but that’s how I doubled my money, so sometimes I win big, other times I lose big.
Latest buys
My latest acquisitions are:
- 10 000 shares of Crowflight Mineral (CML) for 21 cents a share
- 6 000 shares of Eastern Platinum (ELR) for 58 cents a share
- 15 000 shares of First Nickel (FNI) at 13.5 cents a share
- 12 200 shares of High River Gold (HRG) at 22 cents a share
- 20 000 shares of Nuvo Research Inc (NRI) at 34 cents a share
Nuvo Research Inc (NRI)
I have bought a ton of Nuvo Research shares, this company has discovered a new drug delivery system that is waiting FDA approval, if everything goes as planned on August 5th, 2009, the shares can go up 5 t0 10 fold in value within a very short amount of time. This will be my third gamble on a stock to get out of my 30-35K rut I have been in for a while, would be nice to have several hundred thousand for a change 
I will be selling other shares to buy more of this one.
