MARKETS,Anybody even yet?

[olds442jetaway]

I have to admit….Trump is a riot….can change his mind in a matter of seconds His favorite phrase…. I will let you know in two weeks. But it might be 2 hours. I think he had to look up in Webster some more names to call Powell. He ran out of the usual ones.

[dinghy]

Up over 10 percent on HNATF in a couple of weeks. Big question. Wait for a home run, or settle for the single?

Congrats! I'll just quote my comments from last month.

I'm averse to transaction expenses.



In this case, each buy or sell is disadvantaged about 1% from the midpoint. Possibly the actual fills will be tighter than that, but I wouldn't assume so.

If I insist on buying a penny stock anyway, I will normally intend to hold for a big gain because if I trade in and out, the expenses chew me up.

[dinghy]

I think he had to look up in Webster some more names to call Powell. He ran out of the usual ones.

There are thousands of reasons to hate Powell and the Fed. Trump found the one reason that's mostly without merit imo.

[olds442jetaway]

Yep. I think that’s the only penny stock I bought in the last 40 years.

[dinghy]

Yep. I think that’s the only penny stock I bought in the last 40 years.

I own a bunch of stuff under $1, for various reasons. ASPS Altisource achieved penny status the hard way -- declining from much higher levels. That situation was remedied by reverse-splitting 1-to-8, and now the stock is trading >$10. But along the way the company threw off two warrants (ASPSW & ASPSZ), each <$1 from the get-go afaik .

[dinghy]

I'm continuing to stack NGD, RGLD and WDOFF.

Earnings season should be a win for gold miners, as I don't think the market has noticed how profitable they are at current metals prices.

[wildman49]

Been looking at NUGT stepped in under 70 today.

[wildman49]

BRK/B still in Buffet hangover, stepping in under 470 here.

[dinghy]

Been looking at NUGT stepped in under 70 today.

Interesting product. If I understand correctly, it's purely a levered-up derivative of GDX.

I cut back my miner holdings into the rally, but I still have large exposure without leverage.

[wildman49]

Been looking at NUGT stepped in under 70 today.

Interesting product. If I understand correctly, it's purely a levered-up derivative of GDX.

I cut back my miner holdings into the rally, but I still have large exposure without leverage.

If we can get GOLD to run to 4000 an OZ. NUGT might hit 100 easy.