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Grabbed TBT $42.50 March 27 puts at close for $0.15 average. Treasuries will ROCK tomorrow on Yemen war in my opinion.
Today's TBT action had the feel of bond short covering.
SGCP will trade again, maybe as a shell, but she will trade again.
Just a FYI, the news alerts aren't something we can edit but they are related to SLV.
There she blows!!! GO USO!!!
Oil is breaking out and has agreed to take precious metals with them! Tomorrow and Friday are going to be FUN if you are long oil, gold, and silver!!!!! If anyone was still short after the Fed meeting this war should certainly convince them to cover and go long...
WTI about to break $50. My WTI 2 day target is $55, April 2nd target $60-65 due to war in Yemen.
http://time.com/3759243/saudi-arabia-yemen-houthi-air-strikes/
USO about to break out!!!
http://stockcharts.com/h-sc/ui?s=USO&p=D&b=5&g=0&id=p56348320120
More Yemen war news...
http://time.com/3758799/yemen-president-hadi-houthi-aden/
Nice live oil charts!
http://www.dailyfx.com/crude-oil
Oil about to go parabolic amid war and short covering?
http://www.zerohedge.com/news/2015-03-25/another-middle-east-war-breaks-out-saudi-arabia-begins-bombing-yemen
Saudia Arabia is massing troops on the Yemen boarder. Could be ultra bullish for oil and precious metals. DO NOT be short either overnight in my opinion...
Agreed. Grabbed some SDS Apr 2 $21 calls at close today for $0.17 on the bid. Am pretty stoked with this position after the NASDAQ failed to break the all time record. Looking for a possible GREXIT this week and the dollar to firm back up and trap the shorts. I do see precious metals and SDS heading the same direction now. UP, UP, and AWAY!!!
With WTI crude up and the US$ down SLV looks primed and ready for a big day. Next week should bring a break of the 50 day and possibly the 200 day moving average and may FINALLY confirm a trend change.
That is almost worth the 6 hour drive...
It depends on who's hosting it. Go Daddy will host a site for about $12 a month.
I think it's possible that Greece is kicked out of the Euro in the next few days. Free electricity won't make the Trioka happy...
If we get some volume SLV breaks the 50 dma today!
The currency war is on! And silver happens to be the world's most undervalued currency... This could get fun!!!
Looks like that 50 and maybe even 200 day SLV moving average may be in sight soon. I'm ALL IN. Are you ready for liftoff?
Glad you are still here. You had little to lose by staying in and so much to possibly gain. Sierra Gold Corporation may be gone but these shares will trade again some day.
Completely disagree. It may take a year or 5 before they shake out enough bagholders but SGCP will trade again.
They want you to write off your shares as a tax loss so they can cover their naked shorting activities at NO cost is one possibility.
Yes, and when SGCP trades again he has NOTHING. What if a new mining company takes over SGCP? What if Fairhills has to pay back SGCP? Keeping SGCP is NO risk, high reward. A small tax write off may be nice for some I guess...
Shorters arrived at $8.00 a share. Now the accumulaters have arrived and will await a buyout or financing partner. Shorting this at current prices is financial suicide imo...
SDS is about to pop imo. I have a $23.50 target for Friday Dec. 12th close...
IN SDS DEC 12TH $23.00 CALLS @ $0.10 - LOW PRICE OF THE DAY
OUT SLV $16.50 weekly puts @ $0.31
IN SLV $26.50 December 12th weekly puts @ $0.27 Trading back the other way now...
OUT SLV $16.50 Dec 12 weekly calls @ $0.18
IN SLV $16.50 Dec. 12th calls @ $0.07
Time to go long, and GO DEEP on silver in my opinion. This is gonna be a quick ride back up to $22-24 range, then consolidation for months imo. I'm trading $16.50 weekly SLV calls, in at $0.07
Market makers would LOVE for us to just give them this stock so that when it starts trading again they have either covered the stock they sold short or have free inventory to sell once SGCP starts trading again. If enough of us claim a tax loss then the crooks can let the DTCC know they have covered and we can start trading again...
Maybe Doug has a pocket full of diamonds and is just waiting for the court case to end so he can take us to the big boards as planned? Heineken anyone?
SDS is great protection and an even better way to short the market on a down day and manage risk. All time market highs are a GREAT time to get into SDS for a dip down. Maybe even catch a crash or a big pull back this week!?!
Bought SLV $15.00 Dec. 5 weekly puts @ $0.08
First of all, welcome back!!! Binary options sound insane. I love it! Let us know how it goes. Now to post my current trade...
I hate to say it but that move looked like a big silver bull trap to me. I dropped my $15.50 puts and bought $15.00 puts. I will buy calls when and if it breaks the 50 day...
Bought SLV $15.50 puts when it bounced off the 50 day moving average. She is going to MOVE tonight! Silver could go to $18 or $14 but should be fun to watch either way!