karennma 8,057 posts msg #102737 - Ignore karennma |
9/27/2011 8:25:05 AM
AGQ up 13% in pre-market.
UP $25% since yesterday.
Man! What a CASH COW!
$$$$
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TheRumpledOne 6,529 posts msg #102742 - Ignore TheRumpledOne |
9/27/2011 5:32:58 PM
SILVER was almost a "no brainer".
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straken 469 posts msg #102751 - Ignore straken modified |
9/28/2011 3:58:28 PM
AGQ share price to be below $55-60 within two weeks.
Edit 2:1 share split coming Oct 12
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TheRumpledOne 6,529 posts msg #102752 - Ignore TheRumpledOne |
9/28/2011 4:23:07 PM
straken
AGQ close is 103.60
What do you know?
Are you buying puts??
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straken 469 posts msg #102753 - Ignore straken modified |
9/28/2011 4:34:46 PM
Sorry didn't mean to scare anyone, I didn't finish, the funds having a 2:1 split coming Oct 12 th. I saw it come across the newswire but got distracted. I know EK uses a lot in film manufacturing and I started researching how the lower silver prices will affect their bottom line.. along with a few others I'm digging into now.
Lower silver prices should considerably help bottom lines on:
1. PLL Pall Corp (Microbial Filtration products)
2. HRS Harris Corp (Electronics)
3. EK Eastman Kodak (Photography & Radiography products)
The first two have the cash to hedge the advantage and eastman just borrowed the money to. Pall Corp is still sitting on a backlog of contracts and should far exceed the streets view for the next quarter. I can see PLL soar past 55 by DEC a revise 2012 guidance upward. I will be accumulating the Dec calls here.
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karennma 8,057 posts msg #102756 - Ignore karennma |
9/28/2011 6:01:48 PM
Hedge any silver with ** ZSL ***
eom.
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karennma 8,057 posts msg #102757 - Ignore karennma |
9/28/2011 6:03:44 PM
That's a different "option" .. (ZSL)
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karennma 8,057 posts msg #102758 - Ignore karennma |
9/28/2011 6:09:16 PM
I just don't feel comfortable shorting silver.
However, I realize, commodities are moving (down) with the stock market, and AG (silver) could drop another 30%.
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karennma 8,057 posts msg #102759 - Ignore karennma |
9/28/2011 6:12:12 PM
Ya know, honestly, on HUGE down days like this in AGQ, you can easily trade it after hours to the upside.
I've rarely seen AGQ continue to go down afterhours on a down day.
JMHO
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straken 469 posts msg #102760 - Ignore straken |
9/28/2011 7:05:29 PM
The silver short is about over. the gold/silver gap montage is near percent parity on the yearly charts. There are cos that will benefit greatly from this slide thanks to the EPAs new silver nitride gas ban on manufacturers and plating houses, gold may go parabolic again but silver will not follow.
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