GraniteShares Gold Trust BAR

Buyers have arrived.

[alleyesonme]

nbastar iv also noticed.. Substantial buying interest this afternoon, looks like we will end the week in the green (as it should). Fastest growing sector in the US economy is going largely unnoticed(solar industry). To have 70% or greater margins for 25 years after completing a project is unique and will eventually show up as huge profits.. once this gets on more radars it's going to hammer hard to the sky. I continue to buy and anything under 2.65 at this point has me super stoked..

[1condor]

alleyesonme...you are buying anything under 2.65...really? The stock has been under that price for weeks. Dont you see that the best play is (and has been) to buy/accumulate "under 2.00"...and preferably lower than 1.80 (which is when I last added). The sentiment on the stock and sector lately has been poor (with no change in sight) has allowed the stock to drift nicely lower. 

[alleyesonme]

Yes anything under 2.65 (bought deal price) is a good deal in my opinion. Timing is tricky and most days buying larger amounts is very hard under 2. IV been buying regularly. My second tranche of accumulation this year has totaled over 65000 shares at 2.20 average and I'm sleeping like a baby.... Most days if your looking to buy let's say 10k shares you can't without running the price

[alleyesonme]

Condor..I'd also like to add the 200 day moving average is 1.93 and the 50 day is 2.25,..best of luck thanks..

[BCdude]

Agreed. Anything under $2.65 is a good deal. I've been picking away in the $2.05 to $2.25 range, but haven't timed it to get in under $2.00 again. Most of my UGE was bought in the $0.35 to $0.45 range last spring and summer, but can't resist at these recent prices.

[1condor]

alleyesonme...today is "another" opportunity for you to easily add below 2 dollars. Might want to keep some handy for the dip to 1.80 or lower.

[alleyesonme]

Yes.. I see this..predictable no, unpredictable yes.. I would of never predicted this stock would touch below the 200 day moving average of 1.93 on nothing but positive news/increasingly favorable market conditions. Their may be some weak days but theirs nothing I can find to support a downward trend. Nevertheless unexplainable weakness may persist. I don't expect this will last long and

[1condor]

alleyesonme...it all boils down to the sentiment is the sector. Right now that sentiment is very weak.  I think many are starting to realize that this "green" movement will take decades not months to impliment (in other words the stocks in the sector are ahead of themselves). Best just to keep picking away at UGE on this weakness (below 2 bucks)...and hold for the inevitable upturn

[1condor]

The stock is rapidly approaching 1.80 solely on the weak sentiment in the sector. This is the second dip to this level with the last occurring in the last week of March. This is another good opportunity to add to the stock whether for new investors/adding or even just for a quick trade.