i kind of hope it doesn't get above 2.00 today. i'd like a nice slow ride up to 2.50 so i don't have to baby sit this one.
check out the monthly chart. trading at around 1.70 pre-news, popped over $3, backfilled all the way to pre-news.
jumped in yesterday at 1.78. now i'll enjoy the ride back to 2.50ish.
when it was .317, and it immediately jumped to .324, then back down to .317, where it's hung out for an hour.
last time that happened there was a selloff into the close.
not sure what it means, other than "never put market orders in on heavily manipulated stocks", but thought you guys would like to know.
right or wrong, this thing usually trades in the direction of spot silver. just now sure why it's not down 2-3% like the other silver miners.
i was told i made a mistake buying at $10.90.
i was told i was a bagholder.
if a quick 10% is a bagholder, i wanna be a bagholder every day.
thank you shorts for shorting this pre-earnings to try to flush it.
you're right. i missed it. with the euphoria of doubling my money in 3 days at oxbt i forgot to monitor this one as well as i should. i had 11/6 in my notes, but it was indeed 11/5.
anyway, i'm not selling. i think it can hit $12 minimum on the back of that wonderful earnings report.
two straight quarters of profitability (means no dilution any time soon).
agreement with United still paying off well.
NEW agreement with Kaiser.
60% institutional ownership (means no dumping).
short term return of 20% from $11 isn't unrealistic to me. and the good part is, MY opinion is all that matters to me. i'll be holding this one.
had to free up some money from oxbt.
i wanted to get in before the conference call. i have a feeling they will be announcing a new product.
last earnings call they said "two new products to be launched in 2013". last i checked we're pretty close to the end of 2013. Ergo, a major announcement at the call.
plus, last time they knocked out earnings, this climbed all day and closed at the high of the day.
glad it pulled back while my attention was elsewhere.
new batch of shorts knocked it down fro $11.
time will tell if they will be burned like those who shorted yesterday. and the day before. and the day before. and the day before.
no reason we can't burn today's shorts too. but only time will tell.
i remember the same posts yesterday. and that was a 20% pop ago. those who shorted yesterday are well under water.
on a short covering burst.
jumped aboard yesterday after pharmhero showed up. i'm telling you, it's so easy to make money. just follow that guy around and buy what he's bashing.
remember the short squeeze on USU in July? went from $3s to $24 in 11 days. the prior 52 week high was $9. i played that for a triple, bailed out at the 52 week high. shoulda held a few more days.
anyway, no reason this can't hit the PRIOR 52 week high. and that's still more than a double from here.
look at the short interest. very high the past few days, and it's been going up massively. if it keeps going up, those new shorts will bail, sending it past the old 52 week high.