I initiated a buy on PII on Friday with expectation of some bounce this week. Then I clamored all weekend sifting twitter and internets and came to an uneasy consensus, too many people are looking for a bounce. Shit.
Monday PII pulled a nice turnaround putting down a big mario brothers hammer throw. It looked like buyers we responsive to the sale price. Today I cut the trade. Small trade, small loss, moving on and not making it an investment.
Still like RGLD, added a piece.
Still like WFM, but I want to buy it for $62 dorrah.
SKF is still hanging out in the port with GSVC and AWK and a pile of cabbage.If you enjoy the content at iBankCoin, please follow us on Twitter