RE:RE:RE:RE:sold 1/3 of my CREmonkeyhere171 wrote: I'm considering the same strategy, however, waiting for two items first to check to sell 1/3:
- Sell at $1,75 minimum
- COMEX to post next meetings dates
Need to know when the next COMEX meetings are as maybe the go-ahead will come during the next meeting (mid-October)? So it will be too risky to sell 1/3 as not much time. However, if the next meeting is in mid-November, then, for sure as there is sufficient time for the stock price to slowly decay...
Nothing wrong to secure some profits and everyone has a different risk tolerance. For example, if the Russin idiot decides to use even small tactical nukes, we can all say goodbye to any investments as the markets will crash badly. These are events outside of the investor's control.
Now the $1.75 is checked off! Very nice surprise I would say.
On the second item - when is the next COMEX meeting? I did email Sophie and typically she does reply within a few hours. This time I asked two questions - the next two meeting dates and if CRE is on the agenda for the 408 meeting.
And guess what? It's been 3 days now and no word, no reply.. which is not typical as I have been emailing her before the last 3 meetings and she always replied promptly.
So here is my speculation - there must have been a 407 follow-up meeting for CRE this week - maybe today or yesterday? And the OK was given then?
No reply from Sophie, Price action last two days... or I', watching too many conspiracy movies lol