I dare any shorts to hold their position going into wednesday earnings. Nothing will give me more satisfaction than to watch them scramble tomorrow when double the expected earnings come out with a few other surprises. Management has had enough watching the price of hecla trade below $5.00 while gold went up $100 more dollars and silver another $1.50. They understand that the short sellers are killing their stock and chasing away long term holders. This comes to an end when the earnings and news come out. If the shorts don't cover today, it just means a bigger run for the longs on wednesday. Wednesday will be the day that Hecla finally took a stand and cut the shorts at the knees
Earnings will be good but a nonevent.
There will be no "magic dividends". There will be no mass destruction of shorts.
mocwwwrb, do you really believe your lies or are you just intellectually bankrupt?
"Wednesday will be the day that HL finally took a stand . . ."
lol. Oh. Well if HL is going to take a stand, then I am definitely buying!
Hope your right, but fundamentals dont seem to matter much these days. If you think it should go one way, it goes the other - thats how to take your cash. Will you sell if the stock doesnt jump or hold? That's a strategy I would use - suppress price through decent earnings and buy later after you shake out retail.
I still have bought some, but I also am keeping lots of powder dry.
Where to put your hard earned money, that is the question! What we know..... economy is very poor and getting worse not better. Real estate values still falling. Foreclosures making up 30 to 60% of transactions. No real job increases, gov printing $ to fund everything and everyone. HL & silver represent one of the best places to protect and even grow your $. If we don't get out price soon it will mean other companies won't either & they are not in as good shape as HL. This gives HL the chance to purchase resources on the cheap. We may have to wait another year or so but when we get a double or triple we will be much better off than many others. Good Luck....times are changing.
Hello Moc. I hope so. However, I cannot say that hold a lot of hope. HL does not usually do well post earnings. It would be nice if management would do that dividend. It would be nice for them to join the fight against abusive shorting. Either we get a nice pop for a change or I am ready to buy after it drops. I missed the 4.57 last week while I was on vacation.