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The pay date was today but my divys don't show up in my trading account until the next business day.
Unfortunately I think your right...I think tomorrow is going to be a blood bath.
My guess would be that it would be the same as last month.
I always enjoyed your analysis and sad not to have it anymore. I am also a long term holder who is down over 50% and agree that we have some serious problems to over come before we are in the clear. I don't understand why some people here think just because your not cheerleading for the stock your shorting or bashing it. It never came across that you were doing that to me..just stating some pretty obvious bumps in the road that thwy needed to avoid. Just like you I also would love to see this stock rally and have us all here make a ton of profit.
Best of luck Meow!
I always enjoyed your analysis and sad not to have it anymore. I am also a long term holder who is down over 50% and agree that we have some serious problems to over come before we are in the clear. I don't understand why some people here think just because your not cheerleading for the stock your shorting or bashing it. It never came across that you were doing that to me..just stating some pretty obvious bumps in the road that thwy needed to avoid. Just like you I also would love to see this stock rally and have us all here make a ton of profit.
Best of luck Meow!
Not if the stock keeps going down and the dividend was cut. All I am saying is those who acquire oil/gas stock of companies who make through the bad times should be rewarded during the good times with a nice divy locked in at a cheap price. The key is picking the right undervalued companies who will weather out the storm.
Well that wasn't what I expected to happen today...as long as ARP holds out during the downturn I feel shareholders will be rewarded greatly in the long run. Still nibbling these oil / gas stocks as they get cheaper for the long haul. GLTA
Glad they kept it..wonder how much of a bounce it will get.
Its a little bit less than that but close.
"How does this stock work? half oz/ share?"
Well I guess this makes me feel a little better for buying more shares at $13.80 yesterday.
AGQ is a pure paper play. Although it would have been a good way to make money on the way down, I would only put money into that I can loose. Its just a gamble like any other stock.
"Ya either way - youre good in the short term 1-2 months imo- seems to me that alot of propping for printing going on right now.
let me ask you, your thoughts on trading AGQ (silver ultra pro shares)? i know its not backed by phys like pslv but would you put it in the same risk category as SLV?"
Still wondering if I want to buy more shares to avg down in price but feel silver may still have a little bit left of the dip. Oh well... maybe I will pick up some more if it dips around the 13.5 range again.
This is sickening... I thought when I bought at 17.40 yesterday that it was cheap..I know this normal for silver but it still crazy.
That's exactly what I am thinking.
Wow what an ugly hit in silver today. I am going to pick up more shares today as I am still a big silver bull. It may get painful in the short term but in the long run it performs better than the dollar.
Just picked up a few more at 18.79. This should be real cheap in a few months IMO.
Has anyone else noticed that $15.XX gets printed EVERYDAY on this stock? I wonder if someone is doing this intentionally?
Good call by the way!
Well the one positive thing for me is that I didn't buy any new shares yet this week. I will be watching for a bottom and try to nibble a few shares in the 18's.
Looks like I missed the 18's... Wondering if I should get some now... wondering what Obama's speech is going to do to the price tomorrow?
I think my target is going to be anything under 18.84.. still not sure how the 15.71's got printed?
If PSLV dips below $19 I think I am going to pick up more shares today.
Cool... I never knew of that coin. I would hope we would never have to take my silver out of the country but who knows as they banned Gold in the US before. 5 oz coins would be too big of an amount for me personally as I like the 1 oz or less so it will be easier to barter with if need be. If silver gets as expensive as I think it will, its also easier to sell the 1oz and smaller amounts under the radar than the bigger bars & coins (no reporting for amounts under 10K). I do know the way I buy them is the expensive way but its just how I do it. That being said, I still feel that you can't go wrong with any pure gold & silver bullion bars or coins. Hey it beats the USD right? =]
I buy the American Eagles because they are a trusted source of silver and if I ever had to take them out of the country you can claim them as only 1 dollar each since they are legal currency. I also buy pre-1965 dimes as they are also well known as silver. I guess I am just paranoid and thinking that if the dollar ever collapses more Americans who never used silver before will trust the 1964 and older coins and AMSE as real silver. I am not saying this is the best way to buy silver, its just what works for me.
Well I just picked up more shares for $18.31. Not sure if this is the best price for the short term but feel it will be fine in the long run. We will see what Ben says Friday I guess.
Nice, sounds like your teaching him well! I wish I started collecting silver when I was 4
I am wondering about picking up more shares of PSLV tomorrow since the price is back trading within the bollinger band. I'm thinking if it pulls back to $18.57, that would be another good entry point for me.
When it comes to physical silver, IMO anything under $50 / oz is a bargain as this will be cheap in the next few years. I bought all the way up to $50 and back down again, but I have no regrets as I try to by more physical on the dips and average down my price. One thing is for sure... They can't print more silver and it looses less value than my USD's. Take care and good luck!
Even if they do crash it back down they can't keep it there forever. They are loosing this battle.
lol.. He just said don't buy the physical get the ETF's! Don't get me wrong I own PSLV but I also have physical.
This seems like a good ratio to get in. I am loading up more tomorrow morning. Silver will get hit now and then but its still safer than dollars.
It would be nice to have a few more weeks like this last one!
I'm not sure when they will try to whack it back down but if your in it for the long run I feel you should do very well. I have been adding more shares or physical every week before and after the crash. I haven't sold any shares yet although it would have been nice to sell at $23 and buy back in at $15. I don't have the skills to get the timing right for that so I just keep adding and don't worry about the day to day price. This is a long term play IMO. When the main steam investor media starts to tell people to invest in PM's that's when I will think about getting out. Good luck to all.
You must know what I know... that the dollar keeps going down in value and PM's are going up =] Looking to buy more PSLV tomorrow. Take care.
Wow this board has been quiet lately. I still have been picking up a few shares here and there when I am not buying physical. Even with the drop in price I feel these prices are cheap compared what they will be in the next few years. What are everyone's thoughts? Think the bull run in silver is over or just the calm before the storm? Good luck to all and thanks.
I wonder if silver is dropping due to the fact that the debt celling hasn't been raised yet. This may lead to excellent buying opportunity. The next few months could be interesting.
"Good on you. Just be sure you know your product and you know your dealer. There is some counterfeit silver out there now, as well as counterfeit gold."
Good tip! As a somewhat new silver buyer I stick with Eagles because I can use my cheap $10 scale and as long as its the same size and weight as my others I know it's real. I would also have no problem stacking maples or other gov mint coins as long as I weighed them. I just never seen any maples in the shops I go to as ASE's are more common here.
Yeah but I think we will still be ok in the long run. Grizzlies are nice! I paid 40.50 for my eagles today but this should be cheap by the end of the year. The dealer said that he was having a hard time getting 2011 eagles and there isn't much of the older ones either. If there was this massive selling of physical silver you would think they would have tons of silver in the stores.
I wonder if Greece will have any effect on the market next week? Good luck and keep stacking! =]
Thanks for the good link! I know its been a rough week in silver but still feel that silver and gold are the only ways to protect against a falling dollar. I did not buy any PSLV today as I normally due on a Friday but I did pick up 10 oz of Silver Eagles. I still don't plan on selling any PSLV shares and plan to pick more and more up every week. I feel we are still sitting on a "silver mine" in PSLV for the long term holders. Good luck to all.
I do not or will NOT own 1 share of SLV! I been buying all my PSLV shares at market and am been the money on all of them by the next day or two. Good Luck!