Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: Gib Bogle who wrote (24594)	11/7/2006 5:52:29 PM
From: koan	Read Replies (1) \| Respond to of 78416

Good question Gib: but there is a method to my madness-lol. In a word, I am always looking for breakouts. It is not my intention to pump anything. What anyone does or does not do here will have no substantive effect on any of these stocks in the long run, or even the short run most of the time anyway. In a market like this, in my opinion, when a stock starts moving up, it often keeps moving up, so one has to watch anything that is moving up. Take LTH, Kaiser has given it his blessing. At any given moment some person or organization can decide to take a large position, or some material fact will come to light which will positively effect the stock. Gib, there is a lot more to this mining stock investing than just finding a company with good fundamentals and buying it. Many old time traders buy stock options on majors as the metals move up and then sell them and buy juniors which move after the majors, but have a tendency to keep moving long after the majors stall out. Watch stocks like RDV, LTH, PAX, etc. They will keep working higher because many players will be looking for undervalued or cheap juniors they can afford. Like me-lol. Buying wts on majors at the beginning and then when they flatten out is a strategy many old time traders use. Going from majors to juniors to goat pasture is almost an axiom for seasoned traders.. But most importantly is the quote I post quite a bit: " you cna have the first 20% of the move and the last 20% and I will take my 60% out of the middle. I am always watching for breakouts and that is what I am doing when I post any stock we know, moving up and some we do not know!. If you go back just over the last few days you will see I post stocks I do not even own like YZC. I post any stock which is making a suspecious move up. Cheers