Brien Lundin, in the December, 2012, to January, 2013, edition of the Gold Newsletter, says he is ceasing coverage of Full Metal Minerals Ltd., recently seven cents. Mr. Lundin said buy Full Metal nine times between March, 2006, and August, 2011, at prices ranging from 18 cents to $2.55 (the stock rolled back 1 for 3 in July, 2011). Assuming an investment of $1,000 for each buy, selling the $9,000 position at seven cents yields a loss of $8,587.

"Cease coverage" is a euphemism often used by brokerage firm analysts, who wish to avoid saying "sell," because it upsets corporate clients. Newsletter editors are not the same as brokerage firm analysts, but they also avoid saying "sell."