BLOG: Closing of Our 7-stocks-trade

Gecko Research, Aug 13, 2015

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Yesterday we decided to sell our remaining two open positions in our so called “7-stocks-trade”. The reason was twofold; we secured large profits and we’d rather sell on a day when “everything” goes up rather than down.

The numbers
The following stocks and purchase prices were bought on July 24th:
* AR 1.24 (Argonaut Gold)  SOLD @ 1.56 +25.8%
* BTO 1.39 (B2GoldSOLD @ 1.38 -0.7%
* EDV 0.45 (Endeavour MiningSOLD @ 0.53 +17.8%
* NGD 2.70 (New GoldSOLD @ 2.90 +7.4%
* OGC 2.55 (OceanaGoldSOLD @ 2.49 -2.4%
* SMF 2.60 (SemafoSOLD @ 3.13 +20.4%
* SVL 0.90 (SilverCrestSOLD @ 1.35 +50.0%

We have averaged a profit of 16.9% on the trades which we are more than pleased with, our goal was to average >10% on each stock. As always, these seven trades as all others are always put on record here.

Team Gecko Research