R6 – yeah, this doesn’t surprise me, and to be honest I am really tempted to buy some shares here. I pulled my MUX order earlier but can still get it @ $1.85. I’m seeing a little green on some of the shares, and looking at JNUG down only 2% this selloff may not be all that long lived.
There’s no way we were going to keep up the pace of the last three days of rally without pulling back some, especially in the face of a stronger USD and slightly higher rates. I’d be surprised if this lasts even through Monday’s close the way the shares are acting.
Maybe I’m wrong and we’ll get crushed on Sunday night, but it feels like the worm has turned, and the SM has more problems ahead than pm’s JMHO