Re: ROCKETSTOCKS? Is he worth this?....NO!
posted on
Dec 14, 2011 02:50PM
(Edit this Message from the "Fast Facts" Section)
You are sooo right Pic.
It's all unnecessary and diversionary and that's just what the 'Rocketstoks' want. Jam the boards with unnecessary and diversionary tactics...especailly considering all the good posts here earlier today.
No point in farting around with SFMI here as it has pretty well bottomed I think. Even if it goes to 4.5...what's the point?
We are on the cusp of the best buying opportunities in the PM/JPM stocks since the late seventies.
All we have to do is wait a bit longer. I am curious to see if they can take gold down to the $1550 to $1500 level and silver to the $22 to $25 area. Whether the HUI will cooperate remains to be seen...but with the 200 day moving average smashed in gold we wait. This is a massive fraud and takedown because gold and silver are the biggest single threat to the 'rehypothecated' system now.
We are looking a forced margin calls on sure things now, ie: QUX:T, Quadra...has a takeout floor offer on it of $15 ( big Polish takeout offer...or a break fee of a few million...the big boys like Vale, Xstrata, etc. will all be interested here)and it is sinking every day from over $16. For whoever knows that there will be/may be a bidding war over this gem, and someone does...it is a buy with a guarantee up to anywhere from $18 to $28 as per several recent official, analyst comments. But the way I see it, there is forced selling on it as it is 70% marginable and the margin calls are now getting frantic do to other domino margin calls and falling prices, I would think.
Same for the big PMs like YRI, GG, ABX...whatever. They are all approaching annual lows and many juniors are at or below their annual lows here. The big money is accumulating for the turn and run up and will make gadzillions.
Putting it another way, having your $ parked in SFMI lately may have saved you a ton of $.
Forget all the bullshit and the small stuff....the "noise". What we are in today has nothing to do with SFMI. For those with no cash, just wait it out if you are not margined out.
Good luck all.