I see I did give you too much credit. It was your buddy johnny who mentioned negative retained income.
However, this is just one example of your bashing MUX.
"""jazenevd • Jan 10, 2016 2:38 PM Flag
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Obvious, you don't get it. By pure fundamental point, MUX is almost dead. I showed you the numbers.
Share price is supported exclusively by RM's faithfuls, including himself, i.e. they continue buying shares. It helps MUX to perform better than some other stocks that you used to pump. On the other"""
I didn't come up with your specific bashing posts because I never bothered to look. You're ego is not worth the time.
I did however discuss with MUX, and a corporate CPA I know, your assertion that negative retained income would doom MUX. I came to the conclusion it was an irrelevant issue and it has proven as such.
jaz, they need you and johnny over on the MUX board to warn them about MUX's inability to survive.
It will make you look really smart.
Your thoughts should be entirely on the POG. There is a daily 1337.00 target for the POG.
Where 1337.00 gold takes MUX, if it gets there, is where MUX will go. IMHO.
MUX currently is overbought on a weekly chart. If it holds 1.81, it can reach 2.53.
It also has left open gaps south of here. To keep it from doing a natural retrace, it needs gold to continue rising.
I can live with either way. I hold MUX, so higher is cool.
I'd like a bigger position in MUX, so retracement to the daily gap at 1.225 is also cool.
A new low in the POG would not be cool.
How do you know shorts were buying under a dollar?
I think much of the short position has been in place for a very long time and are still in considerable profit.
IMO, the MUX shorts react to the POG, not the MUX fundamentals.
I'm not short and never have been. I have been a UXG/MUX long in various degrees for at least 12 years and have seen the cloud of a very large short position since the run to 9.87.
Gold's next stop is 1285, monthly channel top.
MUX cooking. Or maybe you've been avoiding noticing.
Johnny may want to stay in bed today.
I know you don't understand that nuances of the English language, so I repeat myself.
ALL OF YOUR POSTS ARE BASHING TROLL POSTS, BEING THOROUGHLY PERMEATED WITH SNIDE, INSULTING, SARCASM DIRECTED AT WHOMEVER YOU RESPOND TO.
I did a bit of research on this. The consensus is continued improving financials makes this a secondary issue.
There is only one producing miner in the industry that doesn't hold negative retained earnings. Barrick's NRE is 10.7 billion. Barrick isn't expected to fold anytime soon.
I'll say something. RBY actually ran into overbought at .041 today and corrected filling the tiny opening gap.. Though my CB is .15, I bought 40% of that at .014. I like this move.
Gold ended the day butting an overhead downtrend line.
If you want to short a top. Not for me.
I'm looking for a SPY call option play that should do 1000 to 2000%, by Friday. Hopefully, ES doesn't run overnight.