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Recently Closed Positions:
Current MAPY: 4.2%
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Day Play:
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3-Day Play:
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Longer:
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Commentary:
Again we jumped in to an opportunity with RBY. This miner has some great fundamentals and its low price keeps it volatile, and off the radar of the big manglers. We made a relatively (to these days) hefty %5+ in just a few days. The volatility made it a bit difficult to recommend here, but it's dropping again toward the range we entered around $4.20 just now. We know it could go back down around $4. It's a nice trailer to strong gold prices.
Now concerning banks, we are incredibly skittish. If you follow our activity you'll know we made some very small moves, but we have made a point to sell especially early on those. We're just nagged about this inflation hanging over our heads and our conservative instincts are kicking in.
Speaking of selling early, our move in F mentioned was still a well planned exit. We thought it could go as high $8.50, but it didn't and sticking to our strategy saved our capital.
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Daily or Weekly BS!
AL GORE WINS BS OF THE DECADE PRIZE!
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