Now at 3.10/share.
Look at the daily graph for the past year...if gold bounces back, this is a 2/share gain waiting to happen...
That's a 66% return if AZK makes it back to the 5 dollar mark, which I think it will. I'm adding another few hundred shares.....wait for it....NOW!
7 comments:
I'll bite on a few. Hope for a dead cat bounce tomorrow. :)
You know what concerns me? Gold had EVERY opportunity to rise today and it did JACK?
Oil was strong against the supply readings...FNM and FRE are going to be bailed out (Man...I should have bought PUTs) and gold is doing nothing. What is up?
Gold is lagging absolutely everything; no two ways about that.
I believe it will regain momentum though, and sure hope I am right, as I am well invested in the miners.
I was surprised oil maintained...even more surprised at the oil surplus...9 million barrels??
If there are 42 gallons/ barrel that's 378 million gallons of oil they underestimated. Another way to put it is that at $120/barrel that's a one billion dollar (1,000,000,000) miscalculation.
Oops.
so maybe i should already know this, or research it for myself, but i'm gonna ask here first. what are the "charges and expenses" in trading ETF's that i'm reading about? obviously there's a commission when trading, just like a stock. but is there some other charge or fee i'm gonna be getting hit with at the end of the year or something that i'm not aware of??
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