daytrade diaries... monday, page-110

Right now still holding STX but might try and sell it and buy back cheaper.I had left the order there since last week. I really think the best share to hold right now is CASH but some of my positions ae slightly down and no stop loss triggered as yet.

BJT > Surprised with the strength - was hoping to see it sub 28.0 but it looks like it will hold. Special divvie MAY be coming soon. See last announcement.

KZL > From the bull - Source: http://www.thebull.com.au/articles_detail.php?id=2115
Kagara has $50 million of debt maturing in June and another $100 million maturing in November. This zinc and copper company has already closed out its copper hedges, and had a small capital raising. A lower commodity price environment means thinner margins. Kagara may have to sell a project or two, such as Lounge Lizard or Admiral Bay, to reduce debt, but it’s unclear what these projects would fetch in the current climate.

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