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Calling in from the road again with my apologies. I just looked at the market for the first time today (aside from the occassional blackberry glance) and I note that my rare-earth picks seem to be coming alive like a solar juice stock on cocaine steroids.
The big winner of the day was Quest Rare Minerals — QRM— and my old chart still holds true here. The stock increased over 25% today on huge volume (over 5x average daily volume) on news of some rich drilling successes. Note how this big move ran almost exactly to the consolidation zone that I had laid out some months back.
I expect we’ll see this stock consolidate like AVL did the other day. AVL was up large today as well (although only 7%+) and is also knocking back at the consolidation level we noted the other day. These are good times to accumulate on pull backs, folks. This volume means something here. Others to keep an eye on are MCP, REE and GDLNF.
I note other bloggers on this site have been picking up on some of my stocks in the PM sector, and I appreciate that helping hand.
I will try to check in tomorrow… again from the road, if I can find a wi-fi connection somewhere in this jumble of tubes and molten metal.
Best to you all.
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Hat tip to Ecchy:
[youtube:https://www.youtube.com/watch?v=QZsppOw2Mxk 450 300]
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the accuracy of the senator is uncanny. it is what it is. long MCP and REE here. great calls sir.
Thought you were giddy about AVL … and QRM was just a post for a slow day.
Still like AVL but have almost as much QRM for this exact reason.
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I love QRM as their Heavily diversified … In fact, I had an order in to buy more Wed at 2.48 and missed a fill by 2 cents!
Today I added a spec rare earth (bull flag) based in Alaska … UURAF (42 cents)
Agghh… I hate that misfill thing. Sometimes I cheat by buying a small starter at market and then “fish” for the rest. It would’ve made me feel a lot better had I been fishing yesterday.
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https://www.youtube.com/watch?v=QZsppOw2Mxk
Perfect!
Damn, should’ve featured that…
Hold on a minute…
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The corrupt referees tried, hard they did to mislead, yellow flag to delay.
BUT NO! Manning would have his way!