I have just perused several tempting buys in the JPMs...and most of them have large shorts ... as you know the last short info on AUM is around 121000...some are up around 600,000...so...what does one speculate here? I am thinking we have to get across the divide between here and Jan. Soo, I doubt there is much downside left, if any...so, good tiime to buy.
The juicy potential lies in which hedge funds are going long and if they can route the shorts. If so, one can only imagine what a short squeeze in January could do to the prices of many. I can see AUM, for example, doubling...along with may others....most producing gold or silver...and still have huge upside for 2013.
Looking at the oversold explorers, some around 20n to 30 cents with good resources in ground at the 1 gm/t to 4 gm/t area ... hard to time, but agian, some cold easily double.