The moves China is making sure makes it easier for overseas to buy. Pricing will be weighted by Asia more and more. China dropped its interest rate. That's bullish too.
I missed that. Don't pay any attention to analysts. The Street is very underweight gold, silver, miners. That will change.
Activist run is more likely in the low 40s. What's the story with Yahoo Japan?
I think it was talk of the Iran deal including Iran's sale of tons of Uranium. If that's the reason it's a stupid one. I'm more concerned with the markets, especially now Greece appears to be defaulting. I got my powder dry in case they sell CCJ into the 13s.
What happened tomorrow? Sure happy I sold out last year. Took my loss and moved on. I wouldn't buy back at any price. I wonder how the Euro will fair Monday? Gold and Silver will vault higher imo.
I don't trust Goldman Sacks. They just upgraded one of my stocks and sure enough the stock was sold off. Remember the credit crisis. Goldman was upgrading the same bonds they were selling.
Isn't it something how analysts wait for the damage to be done before they downgrade. Same when they upgrade, so many times the upgrade comes at the Check out Chesapeake today. The stock crashed to $11.50 then UBS downgrades. Where were they at $17? Same with Sullivan via Alcoa. Smart money buys after the downgrade.
That's what Cigar Lake is going to produce. That's a lot of added revenue. I may be tempted to start adding on that alone. BTW, does anyone own previous metal miners? I'm read there is a disconnect in Palladium. Undersupply priced like an oversupply. Any suggested investments in this sector?
When Cramer said "a star is born" he didn't say don't buy until after RTI was finalized. A 23% crash from his "a star is born comment" and now he says don't buy it, you need to wait??? How stupid does he think retail is? I wouldn't be surprised if Alcoa starts to correct now.
Would you believe the crooked baldy now says don't buy Alcoa! See below:
Speaking from the floor of the New York Stock Exchange, he told a viewer contacting him Wednesday via Twitter that investors will want Alcoa after its merger with RTI International Metals (RTI - Get Report) goes through so Alcoa expands beyond just aluminum. You're not going to get a pop in this stock otherwise. The Alcoa he likes is the future company, not the present version of it.
What happened to "a start is born" oh great one! LOL.
Now that he says don't buy it becomes time to buy.
Cramer & Sullivan the dynamic duo.
Ha. Keep track basher. My cost basis is $12.80. If I gave you my handle you could track me on Motley ... I have a 98.6 rating king basher.
In case anyone doubted Sullivan's prowess he had a 22% success rating on Alcoa and a 38% overall success rating. Source tipranks. Just do the opposite of Sullivan and you'll do well.
Again right about what? You said the stock price would go down but offered no reason. You want credit for being right for no reason? OK you were right. lol