Bulls make money, bear make money, pigs get Slaughtered
I won't predict where GDX is trading in six months, but it is due for a significant short-term squeeze. It went down too hard, to fast. Expect a nice bounce to $25. I'm a trader, went short made a great deal, but way too risky now on the short-side. I expect a nice bounce in next two weeks, possibly as early as today. I covered my short, and bought a small long position here.