Wondering if some put options are in order here for these two still over stretched plays. I think there's some room for this to plunge to lower levels. If the market breaks apart, I don't see these as safe havens as more hedge funds get squeezed. Thoughts?!
To remove first post, remove entire topic.
Wondering if some put options are in order here for these two still over stretched plays. I think there's some room for this to plunge to lower levels. If the market breaks apart, I don't see these as safe havens as more hedge funds get squeezed. Thoughts?!
If you think inflation is going away longer term then gold and silver will continue to get smacked around.
I would love to see the combo of risk off and inflation going away, that would destroy gold and silver..back to the teens for silver and sub 1k for gold.
If you think inflation is going away longer term then gold and silver will continue to get smacked around.
I would love to see the combo of risk off and inflation going away, that would destroy gold and silver..back to the teens for silver and sub 1k for gold.
Not so sure inflation disappears so quickly either. Seems to me QE1 and QE2 was quite massive and the effects of it will be felt for quite some time. But I'm not a long-term holder of anything. I'm just not willing to buy a stock/commodity and blindly ride out every storm while my portfolio takes a big hit. Those days for me were over March of 2000 during the tech crash. I keep my losses to a minimum while I let my winners ride until they break apart. My gold/silver short play is for the near to intermediate term only. Long term wise, I think gold/silver is ok but I'm the wrong guy to ask.
Not so sure inflation disappears so quickly either. Seems to me QE1 and QE2 was quite massive and the effects of it will be felt for quite some time. But I'm not a long-term holder of anything. I'm just not willing to buy a stock/commodity and blindly ride out every storm while my portfolio takes a big hit. Those days for me were over March of 2000 during the tech crash. I keep my losses to a minimum while I let my winners ride until they break apart. My gold/silver short play is for the near to intermediate term only. Long term wise, I think gold/silver is ok but I'm the wrong guy to ask.
I dunno if anybody should tail me on my plays as I'm short Apple and FOSL. Most people think I'm crazy for betting against the beast ... Apple Computers.
I dunno if anybody should tail me on my plays as I'm short Apple and FOSL. Most people think I'm crazy for betting against the beast ... Apple Computers.
Add CMG to that list, extremely over valued, to me it will end up being a 40 buck stock. Margins are very poor and margins trump over expansion every day of the week.
Add CMG to that list, extremely over valued, to me it will end up being a 40 buck stock. Margins are very poor and margins trump over expansion every day of the week.
Add CMG to that list, extremely over valued, to me it will end up being a 40 buck stock. Margins are very poor and margins trump over expansion every day of the week.
Wallstreetcappers - thatz my kinda play!!! Any thoughts on CRM? Look like a $80 stock? I had a short position in this while back. I'm thinking about doing this again. Round 2.
Quote Originally Posted by wallstreetcappers:
Add CMG to that list, extremely over valued, to me it will end up being a 40 buck stock. Margins are very poor and margins trump over expansion every day of the week.
Wallstreetcappers - thatz my kinda play!!! Any thoughts on CRM? Look like a $80 stock? I had a short position in this while back. I'm thinking about doing this again. Round 2.
My stupid broker didn't have any shares available to short ancestry.com awhile back. Talk about pissed when I look at that stock now. Oh man, furious!!!
My stupid broker didn't have any shares available to short ancestry.com awhile back. Talk about pissed when I look at that stock now. Oh man, furious!!!
I wonder if their expansion or future store openings data is available in da 10k.
I dont know if they put out major long term expansion info, but they will keep expanding which will power sales growth, but until I see margin growth it will end up like all other similar companies.
Quote Originally Posted by cave0707:
I wonder if their expansion or future store openings data is available in da 10k.
I dont know if they put out major long term expansion info, but they will keep expanding which will power sales growth, but until I see margin growth it will end up like all other similar companies.
I follow this Franklin Sanders on www.goldprice.org
He is not prefect but his commentary is decent, he posted this on friday :
(part of his commentary)
Get ready for a 180 degree turn on gold, at least in the short-term. I looked at
the chart this morning and LO! There's a large left shoulder (Tuesday), a head
(Thursday), and the beginning of a shoulder above $1,635. It measures out a 50
point rise from $1,665, to $1,715, if I have identified it correctly. After that
rise I expect more downside, but if gold can pierce $1,800 and hold its ground,
then the tide has turned.
Like i said he is not perfect but predicted a big fight to get over 1700 weeks ago, saying that there would be a lot of back and forth (there was) and he also thinks that gold will hot near 1800 $ and drop back down again (said that a couple of times last week)
I follow this Franklin Sanders on www.goldprice.org
He is not prefect but his commentary is decent, he posted this on friday :
(part of his commentary)
Get ready for a 180 degree turn on gold, at least in the short-term. I looked at
the chart this morning and LO! There's a large left shoulder (Tuesday), a head
(Thursday), and the beginning of a shoulder above $1,635. It measures out a 50
point rise from $1,665, to $1,715, if I have identified it correctly. After that
rise I expect more downside, but if gold can pierce $1,800 and hold its ground,
then the tide has turned.
Like i said he is not perfect but predicted a big fight to get over 1700 weeks ago, saying that there would be a lot of back and forth (there was) and he also thinks that gold will hot near 1800 $ and drop back down again (said that a couple of times last week)