02/14: Both /GC and $GLD are above the 200day on the daily YET $GDX is still below... hoping to see $GDX snap to.
They're still holding most of those 2/18 5.5s btw.
Earnings this Thursday.
They could be planning to exercise most of those tickets...
Yes, still looking for an actual second leg up after first leg(EW 3)... it will be significant.
There IS a GAP below hampering us with gravity, however everyone will buy some shares if we fill it, so it probably wont...
The best part is that what's the worst that could happen in pennyland... a r/s... well, they already announced that and we're marching forward.
"When your worst fears don't come to fruition, you should buy more" PTJ