Exactly, double downed on my SLV position on Friday, buying on the weakness. I think also right now shorting bonds may be a decent short term trade. Though of course, not many scenarios for huge gains can come close to beating the possible gains one can make on a spiking penny stock of which is for a micro cap company that is on the fast track to growth while large investment capital flows in; it is the riskiest investment but when it connects, watch out, the gains can be incredible. Too many penny longs too often are down in the dumps when they are seeing a 50% or greater loss on a penny stock investment. If you started it out as a day trade and you intended to flip but did not and then just held a heavier and heavier bag then I feel bad but that is a lesson every trader must learn, however if you keep accumulating no matter what the pps behavior is then over time the company story will eventually be properly valued by the market and then the gains can be captured.
Hopefully DGTLF can get the company story moving sometime this summer. I think maybe the clarity coming from the legal issues getting resolved could have the affect of moving the pps to some degree, we will have to wait and see I guess.
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