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Gold Miners ETF (GDX) [hlAlert]

down 56.62 %

The Aden Forecast picks Gold Miners ETF (GDX) for 2009

Posted on: Saturday,  Feb 14, 2009  2:27 AM ET by The Stock Advisors Top Stocks For 2009

The Stock Advisors Top Stocks For 2009 rated Buy Gold Miners ETF (AMEX: GDX) on 01/08/2009, when the stock price was
$31.79. Since then, Gold Miners ETF has lost 56.62% as of 08/27/2015's recent price of $13.79.
If you would have followed this The Stock Advisors Top Stocks For 2009's recommendation on GDX, you would have lost 56.62% of your investment in 2422 days.

Market Vectors Gold Miners ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the NYSE Arca Gold Miners Index (the Index) by investing in a portfolio of securities that generally replicates the Index. The Index, calculated by the NYSE Alternext, is a modified market capitalization-weighted index that provides exposure to publicly traded companies worldwide involved primarily in the mining for gold. The Index comprises a range of small, medium and large-cap companies in any gold mining index. Companies eligible for inclusion in Index should be involved primarily in mining for gold with market capitalization exceeding $100 million, and should have a daily average trading volume of at least 50,000 shares over past six months. The Fund?s investment advisor is Van Eck Associates Corporation.

Every year since 1983, thestockadvisors has polled the nation’s leading financial newsletter advisors asking them to select their favorite stocks for the coming year. In this year’s special report, 75 “best of breed” advisors have joined to provide you with the ultimate shopping list of trading and investing ideas for 2009. The stocks that are featured range from conservative, high quality blue chips to exciting home run speculations, for those willing to incur high risk in exchange for the potential to maximize upside gains. Importantly, readers should be certain that any stocks you consider meet your own investment strategy, time horizen and risk tolerance. As such, investors should view the 75 stocks in this report as a only as a starting place; do you own research, and continue to monitor any stocks that you may buy. Advisors are making their selections based on their current analysis of a company within the current market environment. But fundamentals change, and a stock that is now a favorite buy can quickly become a sell, based on future events.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/8/2009 12:00 AM Buy
as of 12/31/2009
1 Week up  14.86 %
1 Month up  5.53 %
3 Months up  19.09 %
1 YTD up  69.67 %

(*) Stock Price at the time of the recommendation.
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