Discussion in 'Stocks & Derivatives' started by Greenman, Aug 18, 2013.
SLR up 13% today!
SLR was added to the NYSE GDX ETF
V-shaped recovery, lovely!
They continue to smash it out of the park
No disruption due to COVID
I am hoping it will form a 'sun baking gazongas viewed from the feet' trend ( very rare, Gann overlooked its importance ) so I can pick some up later this year.
Holy golden shitballs, up another 7% today!
Incredible increase gold field reserves and yield.
SLR keep smashing it out of the park.
I added SLR to my super around 7-8 years ago @ around $2.50, then added to my position around 20c... so it's nice to see that first bundle of shares is back to break even and have a 10 bagger with the rest
I'm thinking I will lighten up a bit soon on some of my gold mining shares (including SLR). I'm not confident the price of gold is going to just slice through that $1900-2000 area and keep running without some serious resistance and it has been a seriously good run over the last few years... though I still think on a 3-5 year timeline gold and the miners are heading a lot higher.
Heck of a long ride though. Great call on 20c.
That's my sentiment as well. Technically I am free-carrying all my SLR shares as I got my initial investment back when I sold some at about 55c or something, so on one hand I have "nothing to lose" by holding them, and I don't need the cash for anything at the moment, so I might just hang on. Wish they'd pay a dividend though, but I know a lot of shareholders are against that.
It's not stopping
Happy as a pig in mud!
I sold some yesterday at $2.65. Now I'm hoping things settle down and consolidate.
I'm feeling a bit better for selling yesterday now.
I think $1.70 is a good price to buy back in.
I don't own it, but personally I'd wait until the weekly/daily charts are on the rise again.
Just bought a small'ish parcel at $1.55.
Need Gold to start shining again now!
If I was looking at SLR, I'd be looking at the $1.12 - $1.35 range as a buy price as things stand, but to me it's still on a downtrend so even if it reached those levels it's not a buy. Sorry @LiverBird. I hope I'm wrong.
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