Just sold two ounces of gold, any future hot stocks worth buying?
fivecents
Posts: 11,207 ✭✭✭✭✭
Just took some profits. Wanted to play with Scottrade.
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Might be dead money.
Might double+, if bought out.
Might go down.
Lots of thrills and drama.
Good entry points might be below $3.40 and above $5.20.
Sensitive to downward pressure from the broad market.
Less sensitive to upward pressure from the broad market.
It can be a cursed death-trap OR a broad smile-maker.
Start with tiny bites.
speculative fun
......................
I am not currently LONG or SHORT of the stock.
I trade it some, and have a fairly long history with the stock.
Small Mining stocks I like:
FRG
MGN
MVG
NGD
Here's a long shot that has potential to be a great success story:
MGH
ETF EUO if you want to short the euro.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Also with gold/silver way up, you might want the ETFs GDX (large miners), and GDXJ (junior miners)
Just sayin
Wallmart
McDonalds
Cause that's where the former middle class will be shopping and eating.
Got quoins?
<< <i>My reply to a similar question a few days ago was to buy the parent company stock CLCT. The stock was $13.25 then, now $14.60. Pays a 8.5% dividend, low PE of about 16, and is growing
Also with gold/silver way up, you might want the ETFs GDX (large miners), and GDXJ (junior miners)
Just sayin >>
I did the same a couple weeks ago to some folks. All have been happy.
Sandstorm Resources
Similar royalty model to Silver Wheaton. Sandstorm CEO is ex-CFO of SLW.
Caveat emptor-- high risk, high reward.
I knew it would happen.
<< <i>Eleven straight $200 bets on 23 red or 1000 or so shares of ZIXI..................may the force be with you. MJ >>
I bet 22 BLACK on roulette.
Maybe we live in different times... but one should remind themselves what occured during Q2-Q3 '08... this sector wasn't exactly a 'safe haven', to say the least.
In fact, there is a valid point of view that UUP might be a better holding for the time being... although I'd keep an eye on the RSI... as some traders feel it is overbought, and a move to the euro for a relief rally would be in order.
500k temp census are supposedly on the way... they will be buying something... shoes, fast food, coffee...
NAH... maybe keep the profits in cash for now...
<< <i>For that small amount ... buy a $2,000 series I Savings Bond. Pays about 3% + p/a...The rest I'd use as slot money. Or take a chance, if you're a gambler, buy 2,000 shares of Sirius..(SIRI) for about $1.05 per share, could double within the next 2 years or go belly up. >>
I can't imagine being without satelite radio now. Jeeesh, drive without channel 5 for the 50's ? Never!
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870