An expert rebuttal:
[youtube:http://www.youtube.com/watch?v=CaK9bjLy3v4 450 300]PPT Favorite (at one time #1 pick) QSII (PPT: Buy) is looking like it wants to make another move over 52-week highs here. On the PM side, the one damn silver stock I have been watching but not recommending — SSRI (PPT: Sell) is making a nice catch up move here, to it’s recent highs of $17.88, but I think it needs nice pullback and $17.00 or so would provide a better entry when it does. In the meantime, SLW (PPT: Sell) (back above it’s 200-day MA) and PAAS (PPT: Sell) continue to be “accumulates” here, along with GDX (PPT: Buy), all for the long term portfolios.
On the best PM on the radar right now, I’d look at RGLD (PPT: Sell), I think RGLD has finally recovered from it’s secondary sale, and will begin its run back to old highs this week. Near term targets $41, $46 and $48, depending on how long you’d like to hold. RGLD will be featured as a Jacksonian Core Holding stock, soon. Stay tuned, bacon lovers, more pork products to come.
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UPDATE: Bot 2,000 more RGLD @ $37.52
UPDATE: Bot 4,000 more ANV (PPT: Sell) @ $5.83-5.86
Caveat: If you follow me into (more) Royal Gold or Allied Nevada, there’s a 73% chance your favorite son will be conscripted to guard Fort Knox for Derby Week. You may also lose cash munny.
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Further update: Bot 4,000 sh starter position in Thompson Creek Metals (NYSE: TC) @ $6.06.
Caution: very volatile. If you purchase TC you will likely be struck by a meteorite made of pure molybdenum, and that might sting. Also, you might lose money, quickly.
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Homer Simpson’s favorite:
http://www.nytimes.com/2009/01/28/dining/28bacon.html?_r=2
Yikes!
New definition for “heart attack on a plate?”
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Heart attack on a plate is right.
I’m fairly certain just clicking through the multimedia pics clogged my arteries.
I am going to pre-empt my RGLD post with a post on TC – Thompson Creek Metals.
It seems molybdenum is getting interesting here.
Bot 4k @ $6.06.
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Jake…TC the old Blue Pearl..chinese buying moly too and its easy to store..lol..looks like we have same portfolio…TC, ANV, SLW, …next you will be buying AUY and Lunding Mining and Pacific Rubiales my other 2 big positions..
I have looked at AUY, and I will look at the others for you.
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