In past corrections, miners got hammered too. Note a correction of 10-15% happens regularly and is well overdue. If we get 20-30% it would be a hugh shock to the system and who knows. I guess it depends on what happens to metals prices. If metals go up the down side for miner stocks will be minimal but you have to watch closely as sell-offs are tooooooooo unpredictable with most investors panicking and looking for safety. BTW many market analysts have been forecasting doom for a couple years and it hasn't happened, I would be surprised to see more than a 5-10% correction. There is too much funny money floating around for a major sell-off to occur.
I think GS recommends physical, but they trash the short or paper markets. Some still say another slam is in the works but who knows. The powers that be can dump a couple billion on the short side anytime they want. Problem is the last one on 7/14 only caused a drop in prices for a few days....hoping they start running out of bullets soon.
You may be right, decided to take some profits today and hope to buy it back at a better price. Short term the metals may see some weakness.
I think he gave his view a little more than once! Same garbage all over boards from a to z. Sometimes i am entertained by trash talk and when they include some humor it can make me laugh as i do have a since of humor. But when you see someone who actually thinks this trash can influence movement in a stocks price it gets hard to swallow. I occasionally post my buy price, it takes guts. My post in June mentioned a partial fill for 4.13 but only bought 4500 shares of the 8000 requested. I am still holding and expect to buy more if we get a significant pullback from here....love these mining stocks, many are still a bargain.
What a bunch of drivel. He has been all over the silver boards (see RIC and GPL) with a handle no more than a couple weeks old. My guess is the folks at YHOO have banned and deleted his other handles on many occasions. Yo otto, don't you read the news? PM's love uncertainty and turmoil, they LOVE IT. You know about those rockets hitting Israel? You know about that plane shot down in Russia? You know anything about the EU negative interest rate policy? You might want to read the news and study the markets for a few minutes before you dump your portfolio shorting the best investment opportunity of your lifetime. The worthless banking powers dumped 2 billion a week ago shorting PM's and it caused a mere blip. Markets recovered very quickly this time. The jig is up. Read up and watch and learn, if you have anything left.
Your posts read rather DESPERATE and HOPELESS and so full of hype and despair! You should seek professional HELP! Oh my god he must be losing his entire investment. Did you short this on margin? Good luck to you, hope you enjoy wearing a barrel.
So are you saying you have missed out on this hugh rally from 4 to 6? Soooooooooo sorry you must be one of those short sale losers.
Sentiment: Strong Buy
The board is for useful or informative thoughts....all i see from you are attacks? Try running for congress and attack the politicians and leave the boards to those that have useful or creative ideas.
SVBL is purely a speculative bet, they do not have any revenue, yet. Sure I accumulate on the dips too but there are better silver producers you should own like EXK and Tahoe that are going up and up and up.
Coeur D already owns 10% and Lazarus owns a ton and buying. It appears some big players are acquiring shares and so am I. If it dips below .30 I will add more too.
Sentiment: Strong Buy
Fundamentals? I went to the bahamas once and had to buy some local currency but i didn't post it on the EXK board? Then why does it have a sentiment box? You are funny