iBankCoin
Joined Apr 19, 2009
721 Blog Posts

Have You Any Wool?

sheep
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Yes Sir, Yes Sir, three bags full.

One for my Master,

One for the Maid,

And One for Le Docteur Who’s Sprawled on Butter Biers down le Lane.

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I’ve scanned the bulk of  the stocks that I follow, and save for the ones that have been ruthless stolen by my fellow bloggers, I do believe that BAA-BAA Black Sheep presents the best opportunity for profit going forward.

Note what I’d remarked earlier about this stock’s flirtation with $5.00, and how, like EXK finally did, it would one day break that barrier for once and all?

Well I believe that time has come.  Come, see the violence inherent in the system:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

And here’s the daily, which also seems to indicate we are on solid ground, and probably will not rest for another quarter or so…

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

I also like AUY, XRA and EGO here as soon as tomorrow.  Lots of stuff will be popping, however, so keep your eyes open along with your coin purse.

Best to you.

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23 comments

  1. The Fly

    You’re gonna get your dick cut off with that one.

    ROFL

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  2. Po Pimp

    I remember another “Once it breaks $5 it’s off to the races” miner from last year. Things didn’t go so well with AAU.

    Lin some, lose some. Maybe this one will do an EXK.

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    • Jakegint

      Different pattern, but yeah, there are certainly no guarantees in this junior miner burrito game.

      Given the mo of the entire sector right now, however, if it tags $5.25 and then backs off (as expected), you know where to put your stops for the low risk play (i.e., just below $5).

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      • Po Pimp

        The other thing that sunk AAU’s chances was poor timing. I think it broke $5 about a day before all hell broke loose in Europe. They probably couldn’t have timed it worse if they tried.

        No worries, because the loss on AAU was miniscule compared to the big dick gain in EXK.

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        • Jakegint

          Yes, a great strategy with these is start small and add along the way as your confidence in a name builds. I had a nice base in EXK, but didn’t get to “full allocation” until it broke $8.

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  3. MX2101

    In a nutshell, that picture is why one day I intend to visit the United Kingdom.

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    • Jakegint

      Explore those Welsh roots?

      ________

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      • MX2101

        Not sure why I would like to visit the U.K. instead of other places. My roots are Irish and German, from what I can tell.

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    • crazymoppo

      I was thinking that photo is some kind of twisted Dutch or German avant garde art project. F*$&-ed up U.K. shenanigans would fit though.

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  4. drummerboy

    thanks jake,now that i’ve been knee deep in exk for a few months,it’s about time it jumps out from the “Tall” grass. lol

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    • Jakegint

      This junior thing is an accumulation game. Take a look at AAU, that Po just mentioned. Time to start hoovering some of that as well.

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  5. rru2s

    I’m keeping Junior although he still has a a ways to go until he grows near his target height. On the other hand, I just nibble NUGT daily as a nice snack, kind of like candy to a baby or an ATM machine to a teenager.

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  6. Turk

    Nice call on BAA
    Keep up the great work!

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  7. Hawaiifive0

    Nailed it again!

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    • Eric

      Thanks for the insight. I road your coat tail on this one, right before it popped.

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  8. NC DJ

    SLW is looking solid!!!!

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  9. NC DJ

    jake, I like MVG too. I wish it pulled back to 8.75ish.

    Kind of hesitant to chase it here.

    SLW’s break out point seems to be around 36.50.

    Would you buy any of the above at these levels, or wait for a pull back?

    BAA is at the HOD.

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  10. momo14318

    Jake, I started a position in XRA in the late afternoon dip after watching it trade so well all day. Thanks for the heads-up!

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  11. rru2s

    Of course BRD is a bad word. They just diluted yesterday, on top of message board gossip that has been suggesting that their ore quality is not currently sufficient to be profitable. But all that could go “poof” with the right PR news release, huh.

    More interested in whether NUGT retests the January highs and what happens from that point onwards…Yesterday we hit the mid-26s and were only about $0.60 from the January highs before retreating…I’m leaving my bet on the table that another retest comes sooner rather than later.

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