Volatile Stock and Option Trading Board

[rising]

Yeah looked ok but now it is lower at .0020

[Imvitium]

$IFUS ultra thin. Looks like accumulation as locking it up down here.

$IFUS Weekly Chart:


$IFUS Daily Chart:


+ VWAP approaching ask.
+ RSI cool-down.
+ Bouncing off 20 day EMA.
+ Double bottom.
+ Sitting far above 50 day EMA.
+ Approaching 52 week high/setting scanners off soon.

[BottomBounce]

(((( $ASTI ELLIOTWAVE )))))

[BottomBounce]

ASTI Yahoo Finance has a 1 Year price target on Ascent Solar $ASTI not for $.03 but for $3.00 check it out > https://finance.yahoo.com/quote/asti?ltr=1

[BottomBounce]

$UURAF Ucore Rare Metals Inc., a junior exploration company, engages in the exploration of rare earth elements in Canada and the United States. It primarily holds a 100% interest in the Bokan Mountain/Dotson Ridge property located on Prince of Wales Island, Alaska. The company was formerly known as Ucore Uranium Inc. and changed its name to Ucore Rare Metals Inc. in June 2010. Ucore Rare Metals Inc. is headquartered in Halifax, Canada. http://finance.yahoo.com/quote/UURAF/profile?p=UURAF

[SamLBInj]

A lot of the PM are going through a One Day Pinch...Should see a real nice rebound after this great Sale.

[SamLBInj]

SLW is going through a Daily Pinch

[learning as I go]

Hey all, sounds like an interesting board, I'll be sure to keep an eye on.
Pincher fan, just getting back into trading, and learning the options side.

[Edge83]

Buying CCJ June calls today on the pullback.

[SamLBInj]

Interesting..

[BottomBounce]

The leaders of nearly 200 colleges and universities have signed an open letter calling on U.S. President-elect Donald Trump and members of Congress to support climate research, investment in a low-carbon economy and the Paris Agreement on climate change.

The letter was developed by colleges, universities and the Boston-based nonprofit Second Nature. It currently lists the names of more than 170 colleges and universities from more than 30 states as signees. It will be open for additional signees until Jan. 13, at which point organizers plan to send it to politicians.

https://www.insidehighered.com/quicktakes/2016/12/21/presidents-sign-climate-change-letter-trump

[BottomBounce]

If you like $MEET check out $FDBL Bollinger Bands turning in strongly. This baby is about to sequel!

[SamLBInj]

Be Careful with Solar, Trump does not believe in Global Warming.

[BottomBounce]

$ASTI has a $3.00 Price Target From Yahoo Finance @ https://finance.yahoo.com/quote/asti?ltr=1

[BottomBounce]

Mining Stock Options TRQ GSS DNN

[SamLBInj]

Metals going in a Pinch, Buying SLW and NUGT, Sold DUST

[Edge83]

Just picked up a few JNUG Jan 13 $8 calls on -17% drop today.

[SamLBInj]

Just bought 35 NUGT 10.50 Calls for today at .09

[Edge83]

CCJ monthly still has a little way to go. Volume is pretty solid over last few months. The two support/resist levels are from the daily chart (lower) and the monthly (upper). MACD looks ready to run, ADX shows downtrend strength fading. A/D line still has some good strength to it despite almost 10 years of falling from the peak.

[Edge83]

CCJ and URA (Uranium sector) a few of this guys top picks for 2017.

http://seekingalpha.com/article/4033875-top-investments-2017

[SamLBInj]

Nice!

[Edge83]

I just bought $12 CCJ calls for June, stock just hit my breakout zone I was waiting for.

[Edge83]

I'm kicking myself right now. This morning I had the SLV 15.5 options for Friday (at 10 cents) pulled up and almost hit the buy button but I saw gold dropping, so I held off. 2.5 hrs later, silver had made its nice run and they ran up to 40 cents.

I feel like I'm getting a good feel for the market though. Going to try to catch the next big move. SLV seems to make bigger moves and have cheaper options than GLD.

[BottomBounce]

$TRQ Copper and Gold Holding strong

[Edge83]

I think that SLV could present a nice option set up for buying calls early next week. It hasn't been bouncing much compared to GLD. I think gold could retest the $1170's next week.

[SamLBInj]

I bought GDX $20.50 calls for this week at .08 and sold them at the close Yesterday for $1.28 thats like buying a stock for $8.00 and selling for $128.00
and 10 options at .08 cents is $80.00 which i turned into $1,280.00 in One Day.

Trades will be Posted here before i buy. Just keep checking board.

[Edge83]

I just found this article, this doesn't sound good for CCJ

http://www.fool.ca/2016/12/19/cameco-corp-faces-a-nuclear-implosion-due-to-tax-avoidance/

[Edge83]

CCJ options play setup

CAMECO CORP // CCJ on NYSE // CCO.TO on TSX $4.2 bil market cap (Dec 2016)

Has some options out there but liquidity isn't great (but probably the best you can find in the uranium sector though, URA seems much worse)

Produce 18% of worldwide uranium production. 410 million lbs of proven and probable reserves as well as extensive mineral resources. Also hold many undeveloped uranium projects in the world. Also a major supplier of uranium processing services require to produce fuel. Mines in Canada, US, and Kazakhstan.

World’s largest uranium mine (underground) is McArthur River, 234 mil lbs proven and probable resources @ 10.94% U3O8. Produce 12.6 mil lbs in 2016. Cameco holds 69.8% share of McArthur.

Cigar lake 110 mil lbs p/p @ 16.7% (50% owner of this mine, producing 8 mil lbs in 2016)

Long term downtrend - possible breakout, options set-up: buy 3-6 month calls on confirmation of chart breakout. Maybe buy at break of $11 on heavy volume?

[SamLBInj]

I have found with Safes many are sold direct to the stores and do not go through a distributor. You would have to call Outdoor Man, Dicks, and ever other store with safe sales. Maybe just call a few big manufacturers. One issue is are they for Guns or Gold and Silver, or both. I think most would be Fire Safes. There must be someone who keeps tracks them.

[SamLBInj]

Be interesting to see what that vault looks like now. Also, with all the Fraud going on they could all be fake.

[the cork]

If there is such a benchmark, I don't know what it would be. Great idea though. Short of finding a trade publication devoted to that specific industry, you may be stuck with tracking sales for the top 3 or 4 manufacturers of fire proof safes individually, to see if there is a trend common to all 3 or 4 manufacturers.

That would certainly be a leading indicator of the sentiment of the public - the 99% of us.

[the cork]

"Supposedly" - it's a picture of Manfra, Tordella and Brookes Inc (MTB) one of the CME exchange’s gold depositories.

MTB is one of five depositories licensed to deliver gold against CME’s benchmark 100-troy ounce gold contracts.

Whether the gold is still there or not is anyone's guess of course, but that's the picture they paint for the public.

[SamLBInj]

GDX in a Major Pinch, Picked up 16 Dec 22 Calls at .16

[SamLBInj]

Is there anyway to get info on the sale of Safes without having to call the Manufacturers, Distributors, and Outlet Stores to see how sales have been doing recently on their Fire Resistant and Fire Proof safes?
I know Japan keeps track of it (Sort Of) due to them being savers and not trusting banks.. This should give us an idea of the timing for the Islamic Gold Impact coming up very soon....

[Edge83]

Impressive pic!

[SamLBInj]

Hey, How did you find that Missing 8,000 Tons of Gold? :?]
Great Picture...What is it from?

[the cork]

Keeping fingers crossed for you !

[SamLBInj]

Bought 50 GDX 21 Calls just for today at .05

[SamLBInj]

Once Vortex shoots up and ADX2 crosses up look at the CCI, If it is at or going above -100 it's time to Buy..

[SamLBInj]

GDX going into short term Pinch..

[SamLBInj]

I agree, Soon people will want Metal and too late and wonder how they did not see it coming....

[the cork]

It will have to get catastrophic. As long as the powers that be still have any power at all, they will continue to make truth the fool - until they no longer can.

That's when it's gonna get rough. Gold will skyrocket all right, but so will anything with intrinsic value. Even copper will be sky high against the backdrop of hyper-inflated US Dollars nobody wants, and that's if they are even accepted at all.

Hard to say what the spark will be. Chances are it will take the world by surprise. If a guy doesn't already have his metal stashed away at that point, it will be too late.

[SamLBInj]

When do the Islamics start buying?..There is Nowhere Near enough Gold for Them, Read This,
If you have 1.6 Billion Muslims who can now buy gold and they each bought only 1 Ounce that is $1,883,200,000,000. (One Trillion Eight Hundred Eighty Three Billion Two Hundred Million Dollars) worth of Gold. If my math is correct, There is 3,150.75 Ounces in a Ton and This comes to 507,815.60 tons of gold needed to meet the new Instant Demand of Gold. Problem is, There is at the Most only 60,000 Tons known to exist and that includes all the gold owned by Every Country in the World and the USA is the Largest holder of Gold at 8,133 tons. Then we have to figure that the Most they can Mine is 2,800 Tons a Year. So Where are these 1.6 Billion Muslims going to get their Gold? Even is 1 Percent buys One Ounce we will blow the Curve....I see Gold Skyrocketing very Soon...How can it not? Its Just Simple Supply and Demand, Right?

[SamLBInj]

SLW chart does not have much movement compared to the rest of the Metals and Minors..I wonder whats up, It is usually a Beast on Days like this...

[SamLBInj]

I sold out of all my GDX Options for a Double or More. I went outside the Metals arena which is rare for me and bought some GE Options DEC 16 GM 31.50 calls for .20 now around .27 Chart looks really strong. I also bought a GE Lotto Play with 100 GE 32.00 Calls at .02
Ill check SLW now, Ill probably by some..Ill let you know what I see

[Edge83]

What do you think about SLW options for a few weeks out. Big move in silver today but SLW not up much yet.

[stingervf]

ok thanks

[SamLBInj]

Ill post when I buy and what Strike info...Just check on Board...Thanks

[stingervf]

Thanks Sam

No just found your site today
but do trade options was looking for a good entry point

Thanks
Chris

[SamLBInj]

Yes, Looking really good right now...May be adding calls within the next few weeks once i decide what i like. Ill post when i do.
Did you buy when i said yesterday @ .44 or the Other day @ .35? At .80 right now for the 21's and the 21.50 are at .18 from .08