Monday, November 10, 2008

THE HAUNTING OF MY PORTFOLIO!

The third quarter financial reports look worse than how the METS blew another chance in making the playoffs for the second straight season. Recently took out all my money in Share Builder and now I am fully invested in Zecco Trading. October was the month of unlimited trading for customers as a promotional gimmick by Zecco.

My online stock trades consist of 4 stocks that I have in my portfolio. These stocks are AUY, RIO, PAL, and WFC. Below is a belief description of companies, I am currently holding positions in.

Yamana Gold Inc. (AUY) is engaged in the acquisition, exploration, development and operation of mineral properties. AUY principal product is gold.

Companhia Vale do Rio Doce (RIO) is a metals and mining company. RIO is also a producer of iron ore and iron ore pellets. It also produces bauxite, alumina, aluminum, copper, coal, cobalt, precious metals, potash and other products.

North American Palladium Ltd. (PAL) is a producer of platinum group metals

Wells Fargo & Company (WFC) is a financial holding company and a bank holding company. It is a diversified financial services company.

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