It is with some amusement, and great puzzlement, that I watch Kimber's volume. A couple of days the the past week it had traded as few as 4,000-ish shares well into the day, then volume exploded in the afternoon, but with little absolute price change.
And so here we sit. I'd like to think such incongruous volume speaks to one of Kimber's periodic upward breakouts. I do appreciate that Kimber has gotten as low as a .99 buy for me. I'd like to have more, but I'll be patient.
RE TRX: One of the great missed opportunities of my investing life. Way back when it was TanRange and traded in the .80s, I toyed with a wild 100,000-share stab into it. I talked myself out of that and then watched as the stock crested above $9 a share. I still follow it for nostalgic reasons, but I'm concerned big-money short interests toy with the stock just to make outspoken gold advocate Jim Sinclair look bad. After all, this is his company.
I have the same conspiracy theories -- to a lesser extent -- about Kimber (due to Jim Puplava being on the board and his financialsense.com web site consistently boosting gold and silver) and also McEwen mining (formerly U.S. Gold and Minera Andes) because Rob McEwen is such an outspoken, high-profile gold and silver bull.
It's one of the oldest tricks in the book, if you can't refute the message, try to discredit the messenger.