Loading ...Wanka would be proud of u…..plus it looks like they have ‘rescued’ the SM……PM’s might follow.
Mr.Copper @ 14:35
I think you will do OK.
July should start a big move up for PMs aided by favorable seasonality.
The Fed’s BS is just providing another good buying opp.
They are trying to topple silver using gold to lead but it’s not working.
Sprott has bought every 1000 ounce bar of silver in North America they can find and now they are working on Europe.
Then you have the Wall Street Silver guys cleaning out all the retail supplies.
Go apes.
Cheers
scum having great time…maybe
PM’s go nowhere up/not allowed to rally, while talk of inflation around andf Fed doing zilch…..Fed says maybe raise rates and PM’s get smashed….well ain’t that handy…
Meanwhile scum have gotta save the SM…..
@goldilocks
Fyi I bought 200 PPTA @ $9.37 $1,874 at 1:03 pm so I can see it. If it goes up? I’ll add 200 more. If the 400 go up? Ill add 400 or 600 more to and even 1,000. That’s what I do. If the 1,000 go in the money I’ll add 1000 to 2,000 shares. They call in ladder up and playing momentum. If it starts dropping too much I’ll just dump it all at a small profit or small loss. I’ll be leaving the desk now for a while.
Everything p/e div etc is all on Schwab software re Street Smart edge. It makes things easy. The prior one Street Smart Pro was GREAT!! But they had to save money. They left mo on it because I was an active trader and paying commissions. I was one of the last 100 people on it right to then end. I refused to switch over until I had no choice.
Mr Copper
Your doing good. When I retire I’m going to be looking at a lot of things I don’t have time for now besides the PE which is good to look at like if they’re making money or not. In a sympathetic run up of a sector short term momentum plays are okay with some but risky and you don’t want to stay in too long.
Price to book value, sales, cash flow etc.
I don’t have time to figure that all out right now.
@goldilocks SAND Yes
I added 1000 May 28th at $8.71 $9.22 now. Sitting on 5200 shares now 11.4% up on the lot averaged out. Its a Royalty and they must be doing good with profits on higher gold prices. It has a div and a p/e, good signs. I look for that. And high p/e’s are fine. I added to prior post fyi.
https://finviz.com/quote.ashx?t=sand&ty=c&ta=1&p=d
It beat the 2016 high, but not the 2013 high at $14 yet.
Mr Copper 12.36
Well if your already in PPTA you did good there.
Aparently what’s happening is or they claim or blame no help because of unemployment. I don’t know if it’s totally that. I think a lot of people went on to other jobs and maybe better paying jobs.
Like here they opened a huge Amazon wear house. They’re paying or advertising 20 hr with benefits which actually isn’t much compare not to housing cost here where servers get paid about 12 or so with no benefits relying on tips they tax too because they keep them under full time hours. In some states they do something really messed up to them. They deduct their tips from their base pay. Like their a renting slave or something. I’m that case they get what they deserve.
They call it unskilled but it takes a certain skill and willingness to handle it to be able to do that kind of work.
Their on their feet all day with all sorts of personalities and moods and sometimes unruly kids coming in all day and all the running back and forth on busy days. Then you got the kind that sit there can’t decide what to eat while their standing on their feet all day plus someone else is waiting or eating refills on coffee instead of telling them to come back.
There’s a lot of people who tried it and said they couldn’t do it.
And the states that deduct their tips it serves them right.
Mr.Copper
Walmart screwed me years ago when they started phasing out Made in USA, whuch was the primary reason I shopped there, and started importing mostly lower quality crap. Of course, they figured out most people don’t know or understand the value of quality.
I was just about to ask you — do you see SAND as still a buy at this level right now?
goldielocks @ 12:32
It sounds like you are on iPhone or iPad? Just try a total hard reboot? But what do I know? Nothing about computers.
Watch SAND I’m very good on it seems to be a steady climber while gold was limping. I added to it recently.
SAND: https://schrts.co/xvKmRKPa
Fed Rate Decision 2:00 place your bets. Who cares what they do? If they raise rates and crash everything, on these highs, shorting will be a no brainer.
@goldilocks
Roger, thanks for the added input, always appreciated. I’m getting better at this crazy game now that I don’t have a big distraction anymore past couple years. When I see a profit getting stagnant or inching down? It’s astalavista baby, translated as “Until the (next) sighting” and means “See you later”. Them move onto something else. We can’t get sentimental with some of these stocks.
PPTA has my attention now, I’m kind of a momentum player. But this one was Midas and I think its getting Gov’t help for domestic production of antimony for bat trees. 🙂 They really have to bring everything back. We gave, ad can’t give anymore and the bozos know it. Friends here told me went to 3 fast food places and couldn’t eat. Not enough employees or cooks or something. A lot of people are literally on strike.
Mr Copper
Re nervous nillies day trade the whole global economy.
Lol too funny but true. They’re making me one sometimes. I’m thinking I have to wait to retire so I can watch it everyday. But then again that’s part of it.
I don’t know about anyone else but something strange is going on with this site. If I go back and forth to something else when I go back I wind up going back in time. If I push refresh nothing happens. I have to close it to get back in real time. It’s never done that before.
Re Gold Miner DRD high volume bar two days ago
They are risky imo re Africa, mine old tailings, pays a high div, I’ve traded it a few times. I’m in again at $10.79 $11.91 now, I missed the top but still good, may buy more soon, lets see what the Fed says today, as the nervous nillies day trade the whole global economy.
Mr Copper
Scco Just looking at short term moves if I can remember the dates March showed a possible down turn that happened about March 25 Aprox then showed a upturn coming think it was beginning of May. Now again a possible continuation of a down turn but I’m sure specks looking forward the low will come in and maybe buy here but no confirmation yet. Still likely a good stock to have for the long.
Copper Miners SCCO and FCX, Copper $4.38 a pound, Chopmeat $7.00/lb
FCX: https://schrts.co/WqJQYIXB
SCCO: https://schrts.co/KnZnMhTi
Take Notice: the high volume bars on both charts, yesterday and on May 10th turning points. Only a cave man or JP Morgan would sell copper yesterday. Those high volume bars imo are the people that bought in high and couldn’t take the pain anymore. The high volume bar on the highs? Are the early birds cashing out profits and the cave men are finally convinced there is an uptrend and buy high.
Mr Copper
Good watch on the Copper.
Ipso and Mr Copper
Ipso Yep it’s totally irresponsible what their doing which is nothing.
I wouldn’t be surprised if this leads to some sort of fingerprint ID like some jobs. You have to put your hand up to a scanner to let you in the store. If your caught stealing the door won’t open. Same when you leave.
Not doing nothing just creates more restrictions on personal liberties.
Mr Copper I think most of us saw this coming and they wound up eliminating other stores and jobs while they were at it.
It started as far as I know with two people who partnered Kmart. They had a falling out and the one who made a Walmart said he will put one of his stores next to all the Kmarts and drive him out of business. He didn’t stop there.
Copper hits 7-week low as funds, traders cut long positions
Part:
“SELL-OFF: The sell-off started overnight as Chinese traders came back from a long weekend. Copper prices falling below the 50-day moving average around $9,781 accelerated the sell-off.
CURBS: China’s state planner last week renewed its pledge to step up monitoring of commodity prices, as domestic producer inflation hit its highest in more than 12 years.”
Comment:
Huh? Are they trying to scare us?? The sell off started 7 weeks ago. Remember buy the rumor, sell the news? In this case, imo its BUY the news, because we can’t trust the news. The SCCO copper chart looks like a buy to me. 4.46% div 24 p/e.
On record, Copper, SCCO, FCX, palladium SBSW or PALL look ripe for a buy also.
@goldilocks @aufever, Walmart and all other retailers, Screwed themselves
When they started importing their needs for resale. To save money. But very often, when you try to save, you lose. They basically screwed a big portion of their customer base that lost jobs. They saved a lot of money avoiding US labor costs, and domestic taxes. Now they are paying the price. Try to save today, and you lose tomorrow.
goldielocks @ 11:09
It’s insanity! With these policies in place that guy and his buddies will just keep coming back until the store is forced to close.