iBankCoin
Joined Apr 19, 2009
721 Blog Posts

An ANVil for the VeeKing

 TechnoViking

V.King Relative?

_____________________

Some people asked me about some stuff to buy on a pullback, and well, I still love Allied Nevada Gold Corp. [[ANV]] despite their pulling off the egregious “bought deal” $250mm + dilution yesterday night.

I think the buy is pretty obvious on the weekly:

If you can buy off that trend line in the high $17’s, low $18’s, you should be sitting in clover like a greedy leprechaun and his keg o’ gold.  Lookee here (sic) at the daily:

As you can see from the chart, I had an order in to buy in the lower $20’s region, which hit after I was out of the office today, and I’m perfectly fine with it.   That said, this thing could go to the 20-day EMA ($18.41) very easily an even a bit below that.   So I’m keeping powder dry.

I’m not going to post these charts, but I will also be looking to add silver on any weakeness.  I really like Silver Wheaton Corp. (USA) [[SLW]] as you know, but also [[PAAS]]   is showing great relative strength, as is [[EXK]] and [[CDE]] .   I might add to my Smaug’s horde on a pullback here.

Hecla Mining Company [[HL]] and [[MVG]] are the second string, but sometimes HL gets a real boost from the local alchy’s with a sentimental touch.  Watch them all, and think about Apex Silver Mines Limited [[SIL]] as a catch all in the realm of [[GDX]] , except for silvers.

__________________

Best to you, Jake.

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51 comments

  1. Teahouse On The Tracks
    Teahouse On The Tracks

    The C’s are gold ….

    Some bling in honor of the King … V or LBJ, take your pick.

    http://www.kingice.com/

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  2. lindsay

    perfect. thanks

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  3. Bubbles

    V.King is a piece of donkey shit.

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    • Jakegint

      Now, now, no feces flinging. I won’t have this blog become a kindergarten.

      What is your avatar picturing, btw?

      ____

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      • TheV.King

        Thanks Gint but I can handle this….Hey Bubbles why don’t you go fist yourself with a handful of razors you little wanna beeeee. Remember “don’t bring it unless you can bring it.”

        The V.King will be giving free of charge to all of Jake Gints readers his next “BIG” pick today at 12pm…..

        Stay tuned…

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      • Bubbles

        It’s a dead crab head.

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  4. chanci

    In keeping with the VeeKing’s retro vids –

    http://www.youtube.com/watch?v=2XmUGBjxj-w&feature=related

    It’s FRIDAY EVERYBODY!!!

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    • Lolo

      Love her…
      well, the 80’s version of her anyway 🙂

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  5. Rand

    What is that, those guys are holding, a sweaty sock?
    Muscles and brains, may the two never meet, or big brain and long swong, always a benefit!

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  6. artha

    I think that I “V.Kinged” it last night with my new girlfriend.

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  7. TheV.King

    Were you covered or naked short?

    My advice at the end of the day is to always go “long” when you V.King…..

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  8. TheV.King

    SSRX

    Buy half here

    Sell @ 17.10

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    • tradingnymph

      Chinese Biotech, well your not boring…reporting on Monday, if they do, your probably hoping that China FDA will throw them a bone on their drug Feraheme . And yes, China markets were seen buying drug stocks in the mixed of everything last night…..but 17.10 if china can’t stop it’s downtrend, amuses the heck out of me….here are my levels, before you post, No Girls Allowed in Your Clubhouse here…lol…SSRX….support 10.69, resistance at 12.71 which is 50% off 2007 high’s, hard resistance that I would enter the trade once it is a clean break to upside over that.

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  9. #6

    I hope Henry got out of his TIVO before today. Yikes.

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  10. TheV.King

    The_Real_Hmmm says:
    May 14, 2010 at 2:35 pm
    Break up the Euro into Euro1 (Germany) and Euro2 (all others) and have the Fat in the Hat Michael Moore run the latter.

    This is Classy

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  11. Jakegint

    SLW up 2.5%… offering cooling solace to the masses.

    _______

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    • Jakegint

      Sorry… 3%.

      _____

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      • Lolo

        SLW.TO actually up 3.75%. Go figure…

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        • Jakegint

          Currency diff. They gotta pay you a little extree (sic) for living in Canuckistan.

          Seriously, it’s not that much of a difference, SLW actually closed up 3.5%

          _______

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    • susie

      AQG and RGLD not too shabby either in terms of a recovery from intra-day lows, Jake:)

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  12. #6

    JG – about a month ago you were liking mr. ANDErson in the low 34’s. Still the case?

    and in other news…if the V.King were a wedding DJ

    http://www.youtube.com/watch?v=bZP4Ugev82I

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    • Jakegint

      It’s coiling in that area I had demarcated in my last chart on the subject and in fact closed exactly on the line where I proposed a purchase. I’d wait til Monday to see, but wouldn’t be surprised to see it take off from there.

      _______

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    • DMG

      funnystuff

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  13. chanci

    #6, that was just not right.

    Now, I have to post something spiritually uplifting, cleansing even. Something that celebrates women, KWIM?

    http://www.youtube.com/watch?v=GIXHFBX6TZw&feature=related

    I don’t know what they are singing about, but I know it’s something nice from how joyous they look. 🙂

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  14. TheV.King

    Hey jerk offs we need like 2055 more post …let’s get going

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  15. TheV.King

    DMG

    http://www.youtube.com/watch?v=QqItqjolIyw

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  16. TheV.King

    V.King

    http://www.youtube.com/watch?v=iMjG2s6UOaw

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  17. TheV.King

    The V.King AND GINT

    http://www.youtube.com/watch?v=z6NfXk7Bvc8

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  18. 1option

    It is obvious, we all could use some more veeking.

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  19. DMG

    Faaaaccckkk… When is the iphone app gonna allow clickable links?

    Ill check out those utube links when im back at the tatami fortress…

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  20. noodleboy

    jake is good

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