Thursday, September 4, 2008

QID/DXD

Thought it would take longer to get back to these levels (and figured SKF would be at least $140 in relation). One lot left of each that are just a tad in the money. They've been the only thing keeping me positive.

One big move in Gold and i'm a booking machine ;)

10 comments:

Latviski said...

Nice close today. Solid red. 10 more days like this and the world will start making sense again. :)

JoeGoog23 said...

LMAO

We need to get our miners in gear soon. It's been long enough!!!!!

Latviski said...

Honestly, I don't even look at that account right now. When we're back in mid 800's I'll start thinking about my miners!!

I have AUY from 14.x down to 9.x now. That's a HUGE spread!

coinlieutenant said...

How many shares of AUY is everyone sitting on?

I am up to 1900!!

coinlieutenant said...

Look at the freaking Dollar. Through 1.43...

JoeGoog23 said...

4500 here John:
$9.28 low
$18.49 high

Have been able to book quite a bit on the way down though!!

JoeGoog23 said...

I found a DoubleLong Euro ETN today and am thinking of buying. (Forgot the symbol)

Fishfood said...

WOW what a week so far - No school and a new season of Prison Break Monday. After that a serious A.. wuppin on Thuesday and today. Now I have to lie on the stomach and watch football while icing my sore butt

BTW while lying here I wanna change the setup of my trading account I'm getting tired of all that red colour - anyone know how to change it back to black :)

Regarding QMNM

We all agree on the financial market is crap thus it will become more difficult and more expensive to borrow money in the future. Qmnmn now have an option to aquire cash by diluting new shares instead of going to the bank asking for money. Smart move IMO.

The problem is still the bankrupcy issue and it would have been better timing IMO to have waited until that problem was out of the way, but perhaps they really are affraid to be eaten by a major player as soon as they are a solid $ making mine again - who knows

JoeGoog23 said...

Hilarious Fish :) Pumped for some football, hopefully the Giants get whipped for beating my Pats in the Super Bowl!!

As for the color system, you can sell everything and buy back tomorrow which I think will be an up day for our miners so your account would then be black ;)

As for QMNM, from the filing, he has half of a 2nd shift in place and there was a problem with equipment that shut down production toward the end of August, but was to be back up this week. Wish he'd update us with a P/R with numbers in it!!!!

As for the dilution, guess we'll see if they start dumping tomorrow. I'd think he would wait till he released some positive news and had a higher PPS before dumping????

Fishfood said...

Ha Ha

Never thought about selling it all just to buy it back again, but yes it'll work and it'll be tax deductable :)

RIO getting beat again down 2.5 %