ohh-meh-gawd...stawks!

I am still long in Lundin Mining company(LMC) and really hope that Thursday's earning bring some good news that lifts the stock at least back into the 6's. After that I am hoping for some positive news about Tenke. I am in this stock big and have had to sell other positions to free up some capital to keep buying shares to lower my cost basis. I sold all of my SMN for only a small profit, now I see it is knocking on $40s backdoor. I also sold NVDA for a big loss, I had to sell after LMC went under five dollars and my margin requierments jumped up to 75% and that is my first margin call. I also sold EXP to free up some cash too. I really like EXP as a long term play on housing comeback. I don't know if management is still aggressively buying back stock but I still would like tp pick up some more shares in the next couple of months. Whelp. tanks for reading I'll try to post updates ore often than four months apart.

We're back

It turns out getting permits to build your future base on the side of an active volcano isn't as easy as it is in the movies. Lots of red tape and disappointment have plagued snakelogic for the last couple of months but we are back and just as mediocre to disappointing as ever. What can the loyal readers of Snakelogic expect in the next couple of posts?....I think we have some stories about the stock market and how it fires us up during most of 08. I also think we have some stories about a a tray with fast food garbage all over it arranged in an artistic manner that we like to call society.