OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

PM Stock Picking: using Kentucky Windage, Momentum, Past Performance, Dollar Volume, Market Cap Etc

Posted by Mr.Copper @ 14:55 on June 30, 2020  

And what was it that WANKA used to use?? Something to do with chickens? Anybody remember? Anyway, I started looking at Silver stocks, and it looks like ticker SILV, silvercrest is outperforming all other Silver miners.

From the start of the third major Gold wave up, 1/1/16, its up 7,000% to $9.19/sh from .82 cents. Dollar Volume right now $9,400,000. Market cap, $934,000. Year to date +35%. Slightly outperforming Gold at about 18%. With pathetic Silver FLAT YTD, at $18.56 today.

If Silver finally gets off its fat lazy ass soon, and it should, this thing might go a lot further. However there are a lot of old favorite Silver miners that have been really sick and lagging. So there are two approaches for me. Go for the laggards? Or go for the leaders. Leaders or laggards, that’s the choice.

There is no way to know for sure why a stock goes up or down, or why some are more popular or unpopular. Some have good profits and go nowhere, and some don’t make any money and don’t stop going up.

Naturally that Virus thing pushed everything down for a while. Also when Trump started campaigning in mid 2015 “don’t worry about the economy” “don’t worry about your Guns” all the PMs and Gun stocks crashed for a while. But net net we can call 1/1/2016 a huge bottom.

SILV: https://finviz.com/quote.ashx?t=silv

Re a Gold Royalty miner, that somebody mentioned here lately looks very interesting. ELYGF. Up over 300% YTD, at $1.48, $728,209 Dollar Volume now, + 3,700% from the 1/1/16 low. at .06 cents.

ELYGF: https://finance.yahoo.com/quote/ELYGF?p=ELYGF&.tsrc=fin-srch

You are on your own. And any ideas from you guys are welcome.


No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Go to Top

Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.