I sold it at a loss of $0.65 and lost $1000.
Take a look at the types of companies that were acquired by Google in the past 6 months. From Boston Dynamics to Nest. All have to do something with robotics, software, sensors, home.
Well IRBT does all of that now and the logical step would be acquisition of this company. They paid $3BIL for Nest that has a fraction of revenues of IRBT and IRBT has 1/3 valuation of Nest.
I'm thinking $110 per share.
Now at $107 in AH. I only left 9 bagger on the table and $90K.
Patience is a virtue.
How about China central bank or a fund that has an in with politicians in China. They just have to mention a words "gold backed currency" and it would be over for shorts.
That's the point. Someone could demand delivery and they won't be able to back it up. It wouldn't require that much money to corner the physical market. Once the news is out that Comex short can't deliver price would ramp up like VW.
Inventory is now crazy low and Speculators are extremely low looking at the GLD holdings that are at the all time low.
profit about 5 times as much on gold company shares than it cost them to manipulate gold prices.
Many will kick themselves for being dumb and dumping because they were scared. Same thing happened with refiners in 2010. You could have bought WNR at $4, today you can buy the same stock for $38.
For 1 DUST you can buy 2 NUGTs. Not a bad deal if you went long one and short the other short while ago.
The guy has the most horrible timing of anyone.
I heard that the car ran over some debris and that caused the fire. People keep all kinds of stuff in the garage, kids toys, rakes for leaves, tools, etc...Any of these dangerous objects could have caused a fire.
Salvation Army will buy more meals for the needy. Please help us out and increase the value sweet Lord since we haven't had much luck this year. Dear Lord we are eternally thankful and please look at us gold bugs at least once this year.
give us a relief rally to $23 so that we too can have Merry Christmas.
Because sound paper dollar is a much better store of value for 1 - 30 year period, right?
It would be that gratifying to burn the shorts.