This stock is worth no more than $20 tops......and even that's being generous.
The chart on this POS is broken in 4 places. This is just crazy herd buying......and all of these mining stocks will fall like rocks. They will suck all the fools in, and then turn right around and take all their money.
I've seen this play a thousand times.....and it always ends the same way.
You're dreaming sport. This thing will NEVER see $200 again. You better get an education on how these ETFs and ETNs work. This thing is designed to go to ZERO. And just because gold is going up doesn't mean that it translates to profits for the gold miners......most of which are swimming in tons of debt.
This is PURELY a psychological play, that got taken over by HFT algorithms this week.
This thing is heading back to the LOW 20s, where it will become dead money, with the occasional bounce like now.
LOL...wishful thinking sport. Neither NKE or UA need LULU....they can make all the yoga wear they want at better quality than LULU......DUH!
Short it and buy JAN PUTS.
.....and I've got some great swamp land in Florida that will interest you fools.
This company is worth about $10.00 tops.
stocks buybacks are a gimmick.....a way of propping up a stock's price......it's all smoke and mirrors.
Don't believe me? Take a look at SKX for instance. This bloated stock will follow the same path, and you cheerleading SHEEP will be bag holders.