1st level of overhead resistance @ $30 has been taken out; next up is $40-45; Finally $50. If $50 is taken out, $70 appears almost inevitable.
Don't think we see the old highs above $500 ever because of the decay problem.....$80 would be my tops unless the dollar really implodes. Good luck all.
The lows were around $20, so I'm thinking $40...UNLESS the dollar craters & gold really soars...then we could have a triple or quadruple in NUGT to $60-80. The long term trend is down though, because of the rollover decay.
Not sure, but I'm watching. As many have said, there might be a lot of Puerto Ricos out there. We shall see. Good luck all.
Stock won't be a bargain until div. rate hits 4%, implying another 25% down in stock price--high $20s. That is where I have my buy limits, if it gets down there.
I am correct.
Both are juicy morsels imho and the opinion of the smart boys.
Who has the cash to do it--I can think of a few---GOOG, Apple, Mr. Softy, the usual candidates (the same ones for TWTR).
I'm thinking $45 a share, maybe?
Things move in cycles. Just because it has been a great stock over the last few years doesn't mean it will be great over the next few years, especially if the economy slows down or enters a recession as many economists predict.