Out of town Real Estate

I talked to the Lawyer today about closing on the duplex. I will talk to the owner tonight to smooth over the details (Damage deposits, leases etc.)of the deal before I meet with the lawyer again on Wednesday. I will be viewing the 12-unit and two tri-plexes in the same city this weekend. I am trying to coordinate the viewings and arrange for a partner to be there for the

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Earnings Season Panic and Duplex Purchase

Well, Taskeo (TGB) did not follow the same path as Eurozinc (EZM) and bounce back after the decline on earnings day. Therefore, I took my loss and exited my position as planned. Eurozinc held fairly steady during the market sell off on Friday, and I sold for a profit in that position. I am holding cash now until the market direction proves itself more thoroughly. I did not add shares

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Another interesting day…

I kind of expected TGB (Taseko) to follow the same path as Eurozinc (EZM) today… and it did. TGB gapped down today just like EZM did yesterday which makes me think that I should add to my position in TGB as Eurozinc surged back very strong today. Taseko mines reported lower than expected earnings, but its profits were based on Copper prices form the first quarter. These prices have reached

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Interesting day for my stocks!

I just about had a heart attack this morning as EZM announced that their first quarter earnings per share dropped. The bottom fell out of the stock as it traded down to $2.66 (My buy price). Although earnings per share declined, the company retired a pile of debt and has retained a mountain of cash for operations. Additionally, the price of copper has increased substantially since the end of the

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