Wednesday, February 2, 2011

Riding the Egyptian Stock Roller Coaster: EGPT ETF and Centamin Gold, Wild Moves

Testerday we commented on CEE, Centamin Egypt, a great company, specially for those who like to invest in gold. With the chaos in Egypt, the stock is a roller coaster:


The Egyptian ETF, EGPT, shows similar patterns:


Again, not for the feint of heart, but wild oscillations that are the dream of day traders.

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