oldguy46's Profile
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On Yahoo, 2 analysts had issued BUY reco's with a price objective of $65 for AUMN. That was before the merger annoucement.
og
I have been buying the warrants for over a year in the Midwest US. My confirm's have no symbol but do have 'Security Number:3901-475 and 'CUSIP: 26830P-12-1. I bought these though WellsFargo.
Hopefully that helps.
og
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Since there had been rumors that a major fund would call for delivery of Dec gold, it is possible that someone got verification of this in the afternoon and spreads that were short gold scrambled to deleverage prior to the weekend...too late to cover/buy gold, so sell the other side of the spread.
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If the play is for gold to sky-rocket, why would they sell the 'long' side of the spread?
Possibly I do not understand the 'long index' aspect. When I play stradles and think the commodity is going up, I lift the short side, NOT the long side.
Please educate this old guy.
I do not see how this is related to ECU or the precious metals markets. It smacks of Pic baiting. I value both of your posts, but -please- lets keep politics off this board.
Back to lurker mode :^)
Has anyone noticed that a house "89 Raymond James" has been buying alot the last few weeks? It looks to me as if someone of size is establishing a large position. Make me optimistic.