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re: This could be something....Look beyond equities, Silver to be the next short squeeze

Posted on 1/28/21 at 4:14 pm to
Posted by High C
viewing the fall....
Member since Nov 2012
57879 posts
Posted on 1/28/21 at 4:14 pm to
Posted by BobRoss
Member since Jun 2014
1705 posts
Posted on 1/28/21 at 4:57 pm to
Still holding calls. Diamond Hands. LFG
Posted by rintintin
Life is Life
Member since Nov 2008
16729 posts
Posted on 1/28/21 at 5:34 pm to
Diamond hands as well.

Let's goooooo
Posted by goodgrin
Atlanta, GA
Member since Nov 2003
6507 posts
Posted on 1/28/21 at 6:47 pm to
quote:

Silver is a 1.422T market, small on a macro scale but
What if enough degens rolled their GME gains and requested physical delivery, it would break the Comex...price would sky rocket


Let's hope this happens soon. It'll make it worth the diving excursions into the lake where my boat sank to retrieve the hundreds of thousands to millions of dollars in silver it'll be worth.
Posted by rintintin
Life is Life
Member since Nov 2008
16729 posts
Posted on 1/28/21 at 7:35 pm to
Another nice run AH.

What is it about non-market trading hours that makes these stocks run?

If tomorrow we see another morning like today, my diamond hands will need to be strong as hell.
Posted by High C
viewing the fall....
Member since Nov 2012
57879 posts
Posted on 1/28/21 at 7:40 pm to
Mexicans are celebrating
Posted by Nephropidae
Brentwood
Member since Nov 2018
2603 posts
Posted on 1/28/21 at 8:03 pm to
quote:

Diamond hands a
pardon me for being naive, but I’ve seen diamond hands quite a bit lately. What’s it mean, sir?
Posted by CE Tiger
Metairie
Member since Jan 2008
41788 posts
Posted on 1/28/21 at 8:16 pm to
It means you don’t sell and your hands are strong and will hold
Posted by rintintin
Life is Life
Member since Nov 2008
16729 posts
Posted on 1/28/21 at 8:48 pm to
It means

Posted by wahoocs
Lafayette, LA
Member since Nov 2004
23650 posts
Posted on 1/28/21 at 8:58 pm to
I’m naive too

At first I thought it was another stock I should buy, DH

But now I have the Kung Fu/ GI Joe grip on AG, and I feel like a new born colt, wobbling to a thoroughbred

Or the glue factory. But either way, I experienced it. LMAO
Posted by misterc
St. George
Member since Sep 2014
732 posts
Posted on 1/29/21 at 5:34 am to
Silver Up another 2.4% in the Asia\Europe markets. This has been a 7% move in 36 hours. I'd expect some choppiness, then a possible break out past 30. This has the potential to start showing some big wicks, both up and down but it seems the bulls have an edge at the moment. I got calls from people yesterday I have talked to in several years about getting back on the Silver Bullet....
Posted by BobRoss
Member since Jun 2014
1705 posts
Posted on 1/29/21 at 7:19 am to
Misterc, are you taking a long position in future contracts, $AG or something else? What are your positions ?
Posted by CE Tiger
Metairie
Member since Jan 2008
41788 posts
Posted on 1/29/21 at 7:32 am to
This is a pretty good read on First Majestic Silver

LINK
Posted by rintintin
Life is Life
Member since Nov 2008
16729 posts
Posted on 1/29/21 at 7:39 am to
quote:

Silver Up another 2.4% in the Asia\Europe markets. This has been a 7% move in 36 hours. I'd expect some choppiness, then a possible break out past 30. This has the potential to start showing some big wicks, both up and down but it seems the bulls have an edge at the moment. I got calls from people yesterday I have talked to in several years about getting back on the Silver Bullet....




My friend, please keep posting in this thread. You give me the strength to hold.
Posted by misterc
St. George
Member since Sep 2014
732 posts
Posted on 1/29/21 at 7:41 am to
Long 5000oz contracts with puts, (synthetic play). I have physical in the warehouse too.

I have many way's I can play this and happy to let you know when i make moves. I plan to add into breakouts for now. I dont like stops in Silver unless they are very deep. Too easy to get blown out your stop by a cent and miss the ramp back up.

For people who dont trade futures and options on futures, I'd say the best 3 plays are calls on SLV, PSLV shares and actual hold in your hand bullion.




Posted by down time
space
Member since Oct 2013
1914 posts
Posted on 1/29/21 at 7:42 am to
in PSLV and AG yesterday
Posted by FredsGotSlacks
Baton Rouge
Member since Mar 2008
826 posts
Posted on 1/29/21 at 8:01 am to
Great video yesterday with the CEO of AG before the rally occurred, great insight into the market and They even discuss the unusual 23%short position. LINK
Posted by BobRoss
Member since Jun 2014
1705 posts
Posted on 1/29/21 at 8:16 am to
Wow, didn't realize /SI futures had run up overnight so much. Surprised to see that $AG premarket not running up with it.
Posted by High C
viewing the fall....
Member since Nov 2012
57879 posts
Posted on 1/29/21 at 8:21 am to
Took a little SLV to go with my AG.
Posted by BobRoss
Member since Jun 2014
1705 posts
Posted on 1/29/21 at 8:29 am to
huge selloff in /SI right before open
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