Replies to post #2851 on Direxion Daily Junior Gold Miners Index Bull 2X Sh (JNUG)

[optionslearner]

I will wait for $2.51 Maybe Monday?


I thought JNUG might get there Today; But possibly Monday or it could be heading Up to my current Sell Target of $3.53; Either way will have to wait until Monday to see what Happens!

Regarding JUNIORS in General; I believe there is an opportunity of a Lifetime here for those with Patience and the ability to search and find The BEST!...Right Now Most JUNIORS are Down about 80% from recent years; That said...I don't think they are all going away!...If One can find the Quality Plays and have Patience to weather the Storm; I believe some Big Profits could come of it!....Right Now JUNIORS are like the Ultimate Contrarian Play "Blood in the Streets" Stuff....Only Time Will Tell!...But when I look at companies Like IAMGOLD @ $2.50ish and ALEXCO RESOURCES @ $.50 Cents!!....It Makes me wonder Just how much Upside there is for the Patient Person!....The Key I believe is Finding Those Companies that have Good Balance Sheet...Good Resources...Good Management and having the Fortitude to get in and Wait!!!