Silver Standard Resources Inc SSRI

added significantly

[prouditalian]

As I wrote I have dipping in below the 13 dollar level...bought as low at 12.20 yday and as high as 12.90. Have a significant position as a core position as well as a trading positon.
All the action has been telling me that after the reshuffle tomorrow in GDXJ after the close, we will run and run fast. Lots of shares have been sold over the past few months and that is now over.
Take advantage IMO.

[greenpasture1]

This post has been removed in accordance with Community Policy

[TraderBill]

I guess you never figured the GDXJ resuffle would have the miners running hard in the opposite direction Proud, so much for take off after the adjustment? WAs that your personal opinion or a brokergae firms outlook? Whats your stop loss area just incase gold and silver pick up speed to the down side as money is not flowing into the miners while the NAZ sells off or did higher rates send gold

[prouditalian]

actually SSRI has done ok since the adjustment...and I am sitting right at my avg cost on my trade. I believe that very shortly we will be going a lot higher in both gold in miners...I would bet that we will be up quite a bit by late August from these levels.

[TraderBill]

well if these guys are correct and 113 / 88.49 $Yen will be the high mark, 112.80 so far, than gold has limited down side FR is up 4.8% since the Fri adjustment 2 weeks ago SSO up 3.8% the big winner has been KL up 17% since the close on the 16th CDN and US holidays next week and G20 summit so real action may not take hold until JUly 10th?  https://www.efxnews.com/story/36429/tech-targets