GREY:GYPHQ - Post by User
Comment by
metcoalfanon Feb 08, 2012 6:19pm
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Post# 19506283
RE: Time Machine
RE: Time Machine Price action the last few days reminds me of so much of US Silver two years ago. It was pretty much stuck at the same exact price - and no matter the volume, the bid and ask barely budged. Not totally dissimiliar as there were production issues but an insanely low valuation on a cash flow basis if they got resolved, which seemed more likely than not. It was a Mexcian standoff until the day it wasn't anymore. Never saw a clear reason as to why it ended when it ended (silver was moving up dramatically, but that didn't seem to influence price at all for the first month of the move), and I don't really care, it took a great run from there. I feel compelled to reload more shares every couple of hours, so long as it stays on .17-.175.