It hasn't even made the 50% retracement from it's May high, which would bring it back to the $62.50 area. It's a buck away. It could get there tomorrow. The options are very liquid, too. This is an easy one to sell options and optimize the return in a week or two.
I purchased KORS after it got knocked down last Thursday. Friday and Monday have been two good days. I'm not committed to it. It's a trade not a hold. I like your water scene, TB. Is this a new piece? It's elegant and simple.
Asia had a good night, Europe is up too, US Futures is up. Fed meeting this week and optimism for continued stimulus and continued super-low interest rates trumps middle east unrest. It looks like we will open up, not down!
The new "moderate" president, Rohani, doesn't make much difference with the ole Ayatollah at the helm. Oh well, it's an easier name to spell than the last despot.
Excellent possibility for a bullish run on oil attributable to middle east turmoil makes a put play opportunity possible: sell puts against an oil etf get in and out in one day. Don't be a pig because circumstances change too rapidly and you could get caught in the crossfire. Must be nimble. Use the options that expire this week. That's what I'd look at. Just sayin'.
Stability Of The European Union (19) April 18, 2013 To [View instapost]
Yes, Rattie, good job. I did a little reading up on Greek TV after your original post. Most of the TV is state sponsored. There is some cable but the free TV is state run and the government is slow to issue licenses for alternatives. There is some local, terrestrial television in Greece (doesn't use satellites, it uses radio frequencies.)
Stability Of The European Union (19) April 18, 2013 To [View instapost]
Maybe I am minimizing this in my mind, but it doesn't mean there is no greek television, right? It's not a total black out, Just not the state run channel, and that is temporary. I realize this isn't like stopping the funding for PBS which is not government run, but why can't the Greeks get tv coverage outside of the state run programming? Who needs state run television, anyway? Don't they have to cut costs for real? Why shouldn't a public broadcasting operation get cuts?
North American Palladium Falls Prey To Venture Capital [View article]
Being in the hands of BAM is not necessarily a bad thing, Mr. Inberg. (Some people compare BAM to Warren Buffett's Berkshire in the early years.) BAM is an excellent company that has offered fantastic opportunities to its investors, as has its limited partnerships .(But of course,financing at 15% is onerous and astounding.What makes them think they can pay such debt and become profitable,too? I wish I knew!) BAM could be a great help to PAL in an advisory capacity. Stillwater has too many problems itself. It recently had a hedge fund" muscle in"and attempt to throw off the entire board including the president. In a compromise, half the board was replaced.I say "muscle in" because this particular hedge fund has a history of not significantly improving the companies it manages/invests in. Stillwater, (imo) has been mismanaged for years, and particularly since Norlisk sold out its interest. They can't manage what they have, much less taking on PAL at this time. On a United States strategic basis, it is somewhat alarming that the two major platinum group miners are in such disarray when the product is so important to production.
North American Palladium Falls Prey To Venture Capital [View article]
You think PAL didn't explore all its options? It's financial position has been precarious for quite awhile.If an alternative to a whopping 15% interest a year was available, we'd have heard of a lower vig.
What Next After Another Gold And Silver Sell-Off? [View article]
You wrote a very good summary, Tim. It's now all over the internet that France has banned shipments of gold and silver through the mail. I don't see any coverage by Bloomberg or the Financial Times, or other main stream financial newspapers. Do you know if this is truth or fiction?
QC#258 [View instapost]
QC#258 [View instapost]
I like your water scene, TB. Is this a new piece? It's elegant and simple.
QC #257, May 10, 2013 [View instapost]
Fed meeting this week and optimism for continued stimulus and continued super-low interest rates trumps middle east unrest. It looks like we will open up, not down!
QC #257, May 10, 2013 [View instapost]
QC #257, May 10, 2013 [View instapost]
get in and out in one day. Don't be a pig because circumstances change too rapidly and you could get caught in the crossfire. Must be nimble. Use the options that expire this week. That's what I'd look at.
Just sayin'.
QC #257, May 10, 2013 [View instapost]
North American Palladium Falls Prey To Venture Capital [View article]
Stability Of The European Union (19) April 18, 2013 To [View instapost]
QC #257, May 10, 2013 [View instapost]
Stability Of The European Union (19) April 18, 2013 To [View instapost]
I realize this isn't like stopping the funding for PBS which is not government run, but why can't the Greeks get tv coverage outside of the state run programming? Who needs state run television, anyway? Don't they have to cut costs for real? Why shouldn't a public broadcasting operation get cuts?
North American Palladium Falls Prey To Venture Capital [View article]
BAM is an excellent company that has offered fantastic opportunities to its investors, as has its limited partnerships
.(But of course,financing at 15% is onerous and astounding.What makes them think they can pay such debt and become profitable,too? I wish I knew!)
BAM could be a great help to PAL in an advisory capacity.
Stillwater has too many problems itself. It recently had a hedge fund" muscle in"and attempt to throw off the entire board including the president. In a compromise, half the board was replaced.I say "muscle in" because this particular hedge fund has a history of not significantly improving the companies it manages/invests in.
Stillwater, (imo) has been mismanaged for years, and particularly since Norlisk sold out its interest. They can't manage what they have, much less taking on PAL at this time.
On a United States strategic basis, it is somewhat alarming that the two major platinum group miners are in such disarray when the product is so important to production.
North American Palladium Falls Prey To Venture Capital [View article]
North American Palladium Falls Prey To Venture Capital [View article]
What Next After Another Gold And Silver Sell-Off? [View article]
I don't see any coverage by Bloomberg or the Financial Times, or other main stream financial newspapers. Do you know if this is truth or fiction?
REE / Strategic Minerals Concentrator, June 5, 2013 [View instapost]