they should hedge 100%. Then silver goes back up. Take one for the team.
yeah I mean shouldnt you keep shorting paas and long SIL because everyday that silver is above PAAS hedge they are losing money against other miners.
They dont take the hedge off until later this year they said. So they willl underperform until then. And when it comes time to take off hedge, they might pay a premium like barrick did. Double wammy loss.
shouoldnt you keep shorting? everyday PAAS always underperforms other silver miners. And everyday silver is above their hedge, everyday they will underperform other miners
how do you do hedging? i only hear the term. dont know how its done
say if you long HLF how do you hedge/
if you short HLF how do you hedge/
people like you are only here because of chanos. enough said. you would have focused on other stuff. weak longs would not have been scared if not for chanos. essentially he worked magic against the shareholders plain and simple.
first market maker moves the stock immediately. second, some longs are scared off. third, shorts pile on.
how come it says karen is long cat here under disclosure:
dated august 2013
he doesnt have one. he just keeps his fingers crossed and prays
gold up for many days but the miners still not reacting.
moved so fast too. went straight down after i bought it.
i did it all in 1 go. should have waited. wanted to save on commissions and didnt wana miss a run. ill do half half next time.
hence the name.
actually his speech made cat go down, not because some intrinsic factor made cat go down.
just like how icahn tweets and aapl goes up.
its called price discovery and market making. the market maker will move the price when a news occurs and depending on demand that is where the price will follow. it has nothing to do with fundamentals.
so chanos basically says a few bad things about the company, all words and the stock takes an instant nose dive. this is not a skill of his. hes using the system against the shareholders.
I am around $100 right now. damn down again