Friday, January 13, 2006

Betting on Bema (BGO)

I sold my remaining shares of the Nasdaq Stock Market (NDAQ) and rolled that money into Bema Gold (BGO). Gold has been hot in 2006 and I believe gold stocks can continue their run. Just like with the Oil and Gas M&A in 2005, gold companies will be doing the same in 2006. Bema Gold is an excellent takeover candidate, which is under heavy accumulation.


Blogger jmcnich said...

I own BGO. I hope that it keeps going up. I also recently purchased SIRI as a long term investment. I know that people are scared of the satelite radio stocks, but I believe that in a few years from noe they will be everywhere. I also plan to buy xm satelite, but now I am sticking with Sirius. I am investing in Howard Stern and he has been a very profitable man in the past.

1/13/2006 1:11 PM  
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