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Pan American Silver Corp. Message Board

  • optionstrader4u optionstrader4u Feb 19, 2011 9:07 PM Flag

    1 million shares on the 39 calls for march. Can you say squeeze!

    That is crazy!

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    • You mean the march 38 calls, right?

    • dcpayne1@verizon.net dcpayne1 Feb 20, 2011 8:50 AM Flag

      Options, yes.. it is a bit crazy. Remember that I said I believe that gold is in the process of correcting it's up move and will likely test $1,300? I haven't changed my mind. Gamblers like a one way street, however if you wish to sit in this game for the jackpot, you've got to double up.. at bottoms.. NOT TOPS. jmho

      PS.. Rumor is that China will be buying 10,000
      tonnes of gold beginning at $1308/oz and will end up with a gold treasury LARGER than Ft. Knox. The proposed purchase has cleared the Council and awaits action. What does this have to do with the price of butter in Bolivia? Well, it tells me that, if we are lucky... we'll all have the chance to have our greedy hands handed to us ONE MORE TIME before this thing takes off and never looks back. So? Be ready with cash. I'm gonna try and as such am keeping my powder dry (outside of my core holdings)

 
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