Hey there Greg.
My money is staying in the sector. I am just taking shots for another stock with better gains in the near/medium term. I will keep a small core here, just because...I try not to fall in love with stocks. It can be easy to do that, speaking from personal experience. I wish you well always, along with good health.
Perhaps you should have a set target price and not sell until it hits that target? That is if you are just looking to make a little bit of cash. It isn't sounding like you are wanting to invest here, just flip it for a trade. So as soon as you feel comfortable and making a profit, sell into that strength. The companies that I "invest" in have a core share holding and I trade around that core. Of course selling into strength as the PPS permits. For example, I start an initial core purchase by buying EXK @ $6 and then buy shares #$%$ and $4. When the price hits $5, I will sell my shares purchased @4 and then when it gets to $6, sell my $5 shares and let the rest ride the trend out. Hopefully to do it all over again, even if I have to change where my core holding is. Like buy shares @ $7 and sell the shares bought @$6, to make $7 my new core holdings. I hope you make some cash. Been awhile since this sector has rallied, as many longs know... Peace
A couple thumbs down for my decade long strategy, eh? I haven't posted here in a long time and return to love. Fun! Where are quail and Greg? Enjoy everyone!
First five trading days of the market this year indicate 2014 is a down year. You can have your January finish if you want, with heck to pay in different months averaging it out. If Jan ends up, sell high!
SLW is a different story. Something is holding this back as I can never have enough shares here and EGO. Perhaps people are confused as to how streaming model produces such wonderful revenue. They need an earnings report to show people what time it is!
Say hi to YDM for me.
Higher prices will only help. A wait and see approach. These actions mentioned about non-exploration in themselves can be catalysts for higher prices. I don't believe we will see depressed prices for the next year. They aren't calling me for predictions, but It seems this is more of a reaction than it is a decision. The producers cannot predict how the prices will go. I think you make changes based on your company's current financial outlook with prices as is and move forward. That is all any of them can really do. They have taxation to deal with also and perhaps they are just being a little more cautious until the realize the new bottom line...
WAYYY off topic ryu! Stop eating fish for 2-3 years? Quit spreading fear with this stuff. While I do have a one week supply of Potassium Iodide on hand for me and my family, we are not going to stop eating fish. Just reducing our exposure. Fish is one of the healthiest proteins/fats one can eat and to not have it at all is depriving our body of nutrients. People could take supplements, but where is that coming from? I think it is best that we do continue to monitor the situation and be prepared. I would not want to live in Japan and I would not eat fish if I lived in Japan. Until next time...
The endgame is a reset of the currency. They are passing trillion dollar moves as we sleep. What a fargin joke this is! Reset - That will happen. When? They say...What if it is 2014? You wanna call range bound for five years and you are predicting the future? Got a graph/chart or something? How often have you been right about the future? About as much as me, news or others I reckon. You have been selling covered calls for some time and you will not be able to continue making money as you have forever, no matter how hard you wish for it. Party has to stop sometimes. You are like me on the craps table betting Yo-11 and Ace-Deuce 1-2 to come out. Not making much if I hit a 7, and would prefer craps coming out! Put your fingers on your temples and try to explode their brains if you want to. I will try to stay out of the way! The world is what we make of it, and the future ain't all that bright for the US of A, no matter how we slice it!
$3 was a gift and I took my profits on those shares while I wait for the rest of my shares to mature. I will buy on more significant weakness of course. Plenty of shares here and wouldn't mind more!
Looks like short covering going into the close? I love selling into strength, It hasn't reached the price where I sold my shares recently, but what a finish today! Wow!
I don't believe silver is going to slow down until it crosses $23 and even then it should be a healthy pullback followed by another rise. Having said that, I cannot short this sector, nor do I want to gamble against fundamentals. Nothing wrong with holding shares here in the face of rising silver price.
Thanks for the information and tips. I have a number of resources that I use for information and research. Ed Steer is one of them. I follow the various cabals as best as possible through my resources and just to try to keep up to speed with these vampires trying to suck the blood out of all of us. Be well.
Very true. I am long and strong here.
Would like to get more shares in the sector.
I am back from the dead after beating myself up for this prolonged drop in pm pricing. I am now numb to the vampires tactics!
Sentiment: Strong Buy
I am looking at how much they produce and at what price. A little bit of growth and we have one million ounces of gold here. Anticipating higher gold prices based on currency troubles, I bought more at the current bottom. See if this area continues to provide support. Peace