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re: This could be something....Look beyond equities, Silver to be the next short squeeze
Posted on 2/3/21 at 10:48 am to 44tiger
Posted on 2/3/21 at 10:48 am to 44tiger
quote:
Anyone have an update on the SLV and AG plays? How is what's going on behind the scenes with silver gonna effect these and other stocks moving forward?
Dunno about individual miners ... as I don't track those specific tickers ....
That said, I suspect the spot price (currently $27./oz) needs to close above $28.48/oz in order for the current run to hold, establish a base, and prior to taking the next leg upward above $32.80 ... just my dos centavos ...
1
Posted on 2/3/21 at 12:47 pm to cadillacattack
quote:
That said, I suspect the spot price (currently $27./oz) needs to close above $28.48/oz in order for the current run to hold, establish a base, and prior to taking the next leg upward above $32.80 ... just my dos centavos ...
Got pushed into covering the short call side of an SLV short strangle at a higher price than I wanted to on Monday, so I wouldn’t mind seeing you be right. Otherwise I’ll be selling covered calls on this puppy for awhile.
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