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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG
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To: SwampDogg who wrote (45994)7/23/2013 10:07:13 AM
From: Wade  Read Replies (2) of 48092
 
The option traders are caught in a very bad situation when they saw their paper short positions did work any more and backfired on themselves. I doubt they dare to sink more money to sell more paper short at expiration date (Thursday). They know the game is over and what left is to minimize loses. We shall see.
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