Stock Trades: Sold Impact Silver

Today, I sold 2,500 shares of Impact Silver (TSE:PMT) from my HELOC account.

In at $1.57, out at $1.58, profit = +0.03% after commissions.

Stock Trade Commentary

There’s no profit here, this is simply part of the shuffling going on. My mistake with IPT is not buying more to average down when silver prices got a beating at the end of January (IPT hit a low of $1.11 on that day). This is what happens when you have a full time job, you will miss opportunities. IPT is my premiere silver producer; it contributed a good chunk of profit to my portfolio over the past 2 years and I will buy back in if the price is compelling in the near future. With the sale of IPT, I no longer have exposure to precious metals.

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