Snowdude is just gambling you can get it for cheaper. Nothing wrong with that. I expected ANV and VGZ and so many others to have great days today -- but they didn't, and so my portfolio is even more weighted to undervalued miners.
Often, before gold prices collapse, there's a good day to help some major investors to close out their positions (or so it's been suggested). Today, and for the last few days, it seems the reverse has been happening (added to that the fact that miners who leave the GDX or GDXJ is never a bullish event).
Anyway, I personally expect an August-style rally or greater to happen to lots of these stocks, and am obviously hoping what is nothing more than a guess to be the correct one. If the markets actually have a major correction (as they should be having, regardless of the budget/debt ceiling issues), I don't think gold and gold miner stocks will join em either.
Sorry Snowdude, but it looks like you made another mistake - by selling your ANV and going short. I guess Gritcart made the same mistake yesterday (sold and went short). That's a crowded trade now, and ANV's fundamentals simply don't justify going short anywhere near these levels, IMO. Time will tell.
Sentiment: Strong Buy
lol~~~1)govt shutdown,nobody going to print money.the only thing we can use is gold. 2) gov not shutdwon,they need a lot more money keep it running,paper is worthless,gold up,up,up....got it yet?or still wanna short some?
this govt shut down is such a short term issue it has no effect on price of gold 2 weeks from now you all sound like idiots.. shutdown might have a trade attached to it but you longs and shorts shouldnt be weighing the govt shut down into ur positions