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Message: The "dump" is over.
Pic et al: I quickly posted this on the "other BBs." I may not be right on but there is a pattern here and thought all the astute members here would find it at least amusing...and perhaps you may want to poke some holes in my "hypothetical guesstimating".
"I thought I would make a rather unorthodox post today from a trader's perspective rather than the fundamantalist that I tend to be. It's not that the gold charts don't look awfully tantalizing today though, so don't get me wrong.
Besides the fabulous micro and macro fundamentals of SFMI...the latest "dump" of the latest "pump and dump" campaign is now ended and the same boys know good news is coming...sooo, the newest pump has been initiated...and it will help drive the stock up very nicely over the next week or two. Heck one guy comes here and as much as advertises it even though he is starting from the bottom again. Credibility? to some degree, yes. Why? Because that is what he and his partners do...and will be successful at doing until the day that they get bombed by the overwhelming juggernaut of shear physical demand...which will annihalate any caught short.
You see, they simply do not believe in or even understand where gold/silver are going. They think they can play this game forever, which will kill them one day...becuase the really bg boys, the JP Morgans, can not keep the paper short scams going much longer. So, those who are opportunists and like short term action can buy here and know/hope that they will definitely make a nice profit short term...riding the coat tails of the small fund/hedgies who just love volitility and manipulation...all the way up in this secular gold/silver bull market.
Knowing when to sell for the next dump is tricky save for those who are behind it all...until they are very suddenly wrong. I'm guessing the next peak for SFMI will be somewhere around 70 cents...and the next "dump" low will be around 35 to 40 cents.
As a long, I will ride through all these choppy waves because I am looking at the huge upside in a longer time frame...from several months up to the end of the year, but steadily up from a secular perspective.
I am expecting SFMI to be around $1 before very long.
Besides the fabulous micro and macro fundamentals of SFMI...the latest "dump" of the latest "pump and dump" campaign is now ended and the same boys know good news is coming...sooo, the newest pump has been initiated...and it will help drive the stock up very nicely over the next week or two. Heck one guy comes here and as much as advertises it even though he is starting from the bottom again. Credibility? to some degree, yes. Why? Because that is what he and his partners do...and will be successful at doing until the day that they get bombed by the overwhelming juggernaut of shear physical demand...which will annihalate any caught short.
You see, they simply do not believe in or even understand where gold/silver are going. They think they can play this game forever, which will kill them one day...becuase the really bg boys, the JP Morgans, can not keep the paper short scams going much longer. So, those who are opportunists and like short term action can buy here and know/hope that they will definitely make a nice profit short term...riding the coat tails of the small fund/hedgies who just love volitility and manipulation...all the way up in this secular gold/silver bull market.
Knowing when to sell for the next dump is tricky save for those who are behind it all...until they are very suddenly wrong. I'm guessing the next peak for SFMI will be somewhere around 70 cents...and the next "dump" low will be around 35 to 40 cents.
As a long, I will ride through all these choppy waves because I am looking at the huge upside in a longer time frame...from several months up to the end of the year, but steadily up from a secular perspective.
I am expecting SFMI to be around $1 before very long.
3 Recommendations
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