well, looks like these shares that I picked up along with a bunch others in Dec from 6.25-6.90 for 6.50 average proved to be a great pickup...These were all added to LT positions and not trading.
I have come to the conclusion that now is NOT the time to trade any miners out as the corner has now been turned.
Im actually adding some AG and SSRI this coming week to my LT positions. Massive moves are coming.
DC, for you especially...your time has come IMO!
I hold AG, SSRI, PAAS, MUX, FSM
AG is only up 10% since the beginning of the year
SSRI up 4%
PAAS up 30%
MUX up 34%
AG is my largest position and has serious catchup to do....I never expected the massive drop after the new yr.
Looking for 4 buck breakout as early as next week and straight to 5.
well, I removed stop at 2.71. It would have triggered. I usually dont change stops and take the loss, but did this time.
Hi DC...I have been short a lot of shares here since 83 and MU at 32. Been an amazing trade for me.
Cheetos was bashing me when I shorted SWKS at 83...He did get it temporarily correct though so will give him that...but his response to me on slowing iPhone sales 10 months ago is that would NEVER happen...WRONG...you aint seen nothing yet.
why?? Life wont change if S@P drop to 550 for most Americans. I don't think it will fall to that level but it certainly can...no need for holes in backyards.
out of total 35k shares short at 83, have 21k shares short remaining...Covered 1/2 MU short today from 31 bucks.
Cheetos was laughing at me back then and I told him the moment wold come shortly that iPhone sales would slow. It was a matter of time.
I expect there to be a deadcat bounce shortly but can see this at my 50 dollar tgt within 6 months.
Cash and cash equivalents of $26.1 million held at the end of the quarter, excluding $28.6 million of cash received from the SilverCrest acquisition on October 1, 2015
This was reported in Nov...I would not be worried about that. Above volume selloff though is not usually good. Im in for 40k at 2.95 with a stop at 2.74.
Well 3.30 was NOT a good entry...lets hope 2.95 is...Im in for 40k shares as a trading position.
I was down a bunch on SWKS when it peaked but held the short...if I hadn't shorted MU I probably wold have caved...so lucky a bit.
In gold and miners I feel this is the big year. Adding some PAAS, AG, SSRI today on this weakness which I see as very temporary.
I shorted SWKS back then as felt iPhone sales wold slow eventually...I was wrong with the timing but knew that going in. With MU I pretty much caught the top...In the end it was a part of my portfolio and I was long SPY with the same amount of the short which I have sold at end of year.
I am now still short MU, SWKS, and long precious metal miners and holding 50%cash.
LOL Cheetos...I told u that the short was as good as gold eventually...On MU as well. Foolow the brain and buy the miners I mentioned, ssri, ag, pass
As you longs recall I shorted this last yr....and while I was wrong initially on SWKS and was down a bunch, I held on and ultimately was correct...my target was always 50.
In MU I was correct and and up huge on 40k shares. I am long SSRI, AG, PAAS and gold going into new year and have sold all my SPY at year end. Short these 2 pigs.
Where is Cheetos?
shorted this with SWKS last yr...Was losing big on SWKS but now up on that as well.
Both heading lower from here....It was only part of my basket as was long SPY. I sold all my SPY at the end of the yr.