| | | Re: "For that to happen you gotta sell into strength now.... ;-)))
Then the buy the perennial pullback..."
I know, but the SOBs ain't pulling back (vbg)
I had my trigger finger on a watchlist of another 6-7 PM stocks I still wanted to add,
figuring we'd get a bigger pullback on the gold price than what we got.
Still long GDX, and a small, but narrow basket of PMs. Weighted heavier to silver
plays than gold, which imho, isn't a bad thing, but still underweight.
Loved CDE with their large short interest and it looks like they've finally turned
things around there. Saw this article on SeekingAlpha.com on the earnings release,
and added a few comments... as the negative sentiment was just way over blown.
With silver popping, the short position made it a coiled spring on first good news
they've came out with in a while.
Here's a classic example of max pessimism, right at the bottom...
as Coeur popped 50%+ over the next week.
"Coeur Mining: Thanks But No Thanks"
seekingalpha.com
SOTB
PS: Anyone done any homework on/been following NFX?
A respected name. High debt leverage = high upside on a turn. I'm not looking to add XOM & OXY
here. At cyclical bottoms, I want home runs, not singles. |
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