I started a sizable position in CDE.
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18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,432 Blog Posts
2 day RSI of 98? Same ol Fly.
I buy momentum you little shit.
1 month rsi? 3 month rsi? 6 month rsi? 12 month rsi?
Gold stocks are overbought, based on recent historical precedent. But I am not betting on your average run here. I believe a major sentiment shift is underway, which will lay waste to your RSI.
May I humbly ask why you bought this particular silver stock?
Valuation seemed right. It’s participating in the rally at the top of its class and it is liquid.