PM update

    Posted by cmunny on 7th of Mar 2014 at 12:35 pm

    AKG - Buy Milli Vanilli rating at the $2.16 gap.  Pounding the table for SAND here after the gap fill.   Lows probably in last week on a number of these such as ANV, PPP, etc. Some moseying down to touch out the bottom their consolidations of fill gaps.  PNP.to - our conservative "go for the double" call is being raised to 3x tgt, as the speculative sector leads the charge without delay.  The GDXJ_CMNY_JR subindex is solid with   decent entry points this past few sessions, up 54% YTD vs. GDXJ 29% .  Good adds and holds there, but upside looks like 15% on most of those in the next leg up, unless they undercut their ranges a bit, which would be better r/r.  Any remaining lows on PMs should be put in at $127.62 gap fill on the GLD.  Buy with confidence.

    SAND looks good BUT earnings

    Posted by lmvine on 7th of Mar 2014 at 01:32 pm

    SAND looks good BUT earnings Monday makes me nervous.

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