I cannot answer,but suspect that the annual savings on interest will be meaningful.You are right about manipulation,by which hedge funds move all the refiners,apparently making a lot of trading profit. i find that trading while using 5SMA,and changes in XOI give good signals,on all 7 refiners I follow. I find that pullbacks in TSO are very profitable buys.
I suspect this buyback may cause HFC to be stingier with divvies. Hope I am wrong.
any cause? Rumors? Only refiner in the black.
made a double-top breakout on 5/6. Very bullish,and will make triple-top breakout if we just go to 67-68 a share.
Triple-top is VERY bullish. Keep the faith! Went up .47 afterhours on Tues 5/7
up .47 after-hours....a good start towards 70!
before the open down 2.23. Glitch? or earnings punishment??
When you trade, go with the 5 sma ,on a five day chart. Watch xau hui gld gdx slv for alerts/verification
by the way,can you name one thing Congress has done right? Don't rush,take your time.
when started,FNMA required that a builder seeking a mortgage for a buyer would have to purchase FNMA shares to the tune of 5% or so of the mortgage.Thus he had 'skin in the game'.Traded OTC back then. After it split and went to Big Board,our illustrious Congress gradually caused it to fail. Obama continues the tradition with his 'green' investments (think PORK)
after you=all go broke with EK,do you have a list of other losers that you find attractive??
Xoi is weak,and all the refiners follow it,blow-by-blow. Also all the MMs keep the refiners prices very volatile.
The trick is to have some of all of them and sell the hot ones every day.They just rotate around every day.Play the 5 day SMA...good signals,be nimble.
GOOD TRADE...CONGRATS. acting #$%$ today down 5.6% at 1:20 pm
since UAN is up DOUBLE TYHE VALUE OF THE DIVVY,sell now,take the capital gain. It will fall at least .61 shortly.
Just a thought...like I did yesterday. The shorts and divvy 'chasers' drove it up; the rally may not continue.GLTA
Major holders does not list CDE. They must hold little or no shares now.
I look at PGLC as a #$%$ game.No mention of any mine on homesite..Did I miss something
As far as SLW is concerned,see my posts on "Remember When" title.
OT to MARTY
See my posts on REMEMBER WHEN title.
Are you fluent with T.A. to any degree? Are you underwater on your SLW holdings? You may be able to trade your way out of the hole.
AND HOW i WAS RIDICULED FOR STATING that SLW was meant for TRADING?
iT IS DANGEROUS to fall in love with ANY stock,regardless of the hooplah or seeming statistics of future earnings.
Please look at a 3-yr. chart.....see a head-and-shoulders, with shoulders at 40. Then we retested the 40 a few times,and fell back to the neckline between rallies,and now recently have crashed below the neckline into the low twenties.Historically we are oversold and due for a good rally,but there is no guarantee in life.
Trading is posssible only if you are able to daytrade all day,and even that is tough,as prices turn on a dime.
The idiot bashers will now attack me with "shorty" accusations, or bashing. Welcome...so I can put you on ignore again.
Know history and try to learn from it. We have the FED fighting us tooth and nail, and the Plunge Protection Team supporting the market,and are living in a whole new world where we have never been before. AND DON'T FORGET ALL THE CORRUPTION BEING REPORTED DAILY!..There are very few 'good guys" any more.
Constructive comments welcomed. GLTA
we were trying to crack thru the resistance at 40? Just last Sept.
Now we are jerking around in low twenties!
All the rah-rah and positive comments,BUY AND HOLD
I agree,with all that super-volume,and the stock doing diddly,then IT WAS DISTRIBUTION. aND THEY ARE BACK TODAY..FRI.26TH.
Across the board dumping is due to all the black boxes acting in concert. Note that XAU HUI GLD GDX turn at the same time....very fast action.
YEARS AGO gg used to hold back 305 OF PRODUCTION,AND IT PROVED VERY LUCRATIVE.
all miners should do it again.
did you-all read Sinclair and the Swiss bank that refused to deliver his bullion that was in a separated vault??
Better read it.and get your gold/silver in hand now.
You may not feel so loyal if you look at a 3-yr. chart and see a massive HEAD AND SHOULDERS FORMATION...downright scary