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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (19767)	10/28/2009 6:29:23 PM
From: Pacing The Cage	Respond to of 49971

Re:Tape is ugly, buying ain't easy, and that's exactly when it must be done. FWIW, I waded in and bought more NGD today at $3.52. You're right, buying in this environment isn't easy, but it can provide great rewards when timed right. Hopefully, today was such a day.

To: SliderOnTheBlack who wrote (19767)	10/29/2009 10:05:46 AM
From: SliderOnTheBlack	2 Recommendations Read Replies (1) \| Respond to of 49971

Run Hecla run... I figured making one big bet yesterday on HL, versus many smaller bets seemed prudent... as HL has already given higher production and lower cost guidance, and we're seeing some of the majors like ABX, KGC, and now AEM having to lower production and operational guidance. But that can also give us some opportunity, as KGC has bounced back today after it's mis-step, and AEM is down -7% on a day the sector is snapping back. If KGC snapped back, why wouldn't AEM, given even better growth prospects? It will.... So scale into AEM, and nearterm calls may not be a bad spec play here. AEM is still the #1 growth story amongst the majors. Nothing in the long term has changed, just a short term hiccup. Buy the short term hiccups, when the long term story remains unchanged. Buy AEM. Mo later, SOTB PS: Closed out all puts on shares, but, keeping GLD LEAP Puts open. PSS: Botox re: FAZ? The financials are so opaque and there's so much government intervention going on, I'm leaving them alone here.

To: SliderOnTheBlack who wrote (19767)	10/29/2009 12:51:34 PM
From: SliderOnTheBlack	2 Recommendations Read Replies (1) \| Respond to of 49971

HL on fire, up +14%... HL SLW CDE all up 10%+ and Silver up nearly twice the gold move. Took a bit off on the overweight HL trade from yesterday and rotated into AEM. Still think silver and silver stocks continue to outperform gold and gold stocks. I'm over weighted 70:30 in that direction fwiw. SOTB

To: SliderOnTheBlack who wrote (19767)	11/2/2009 11:36:16 AM
From: SliderOnTheBlack	3 Recommendations Respond to of 49971

Gold Stocks: bent, not broken, now the bounce... Gold up $19, dollar down and gold shares bouncing nicely. Broad market up +100 into the face of the pre-pack bankruptcy of America's number one small business lender...go figure? Evidently jobs and real GDP don't matter, only the creation of more government debt. And how 'bout Gambino-Sachs? The first family of the New York's White-Shoe Mafia has found even more ways to avoid paying taxes on the billions it's looted from taxpayers via subsidized interest rates, bailouts, and by front running it's own clients and the market... all thanks to that direct line it has to it's minions at Treasury, the Fed, and the PPT. SOTB PS: HL reports after the close and earnings call tomorrow at 1:30 EST. HL already issued lower cost and higher production guidance and here's what the price of silver did during Q3. Outside of any unknown operational mis-steps, should be a solid quarter. Given the chart above and prior guidance, I think this dip was a gift.

To: SliderOnTheBlack who wrote (19767)	11/3/2009 12:15:36 PM
From: SliderOnTheBlack	12 Recommendations Read Replies (2) \| Respond to of 49971

Taking off my remaining HL shares from $3.85.... Loaded up on the pullback looking for a lip lickin' pullback trade, and got one. In at $3.85 and out at $4.70 Mission accomplished... Message 26054486 Back to core position in HL. Rotated 1/2 my HL profits into laggard KGC here and banked the other half. Moved stops up, and will now celebrate by throwing a nice corn fed Angus NY Strip onto the grill, and popping the cork on a nice Barolo for lunch - while celebrating the new all time high for gold !$!$!$!$!$!$! Here's to bending, but not breaking! Cheers, SOTB