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

Posted on 1/27/21 at 10:00 pm to
Posted by xGeauxLSUx
United States of Atrophy
Member since Oct 2008
21847 posts
Posted on 1/27/21 at 10:00 pm to
quote:

No that’s what it closed at. AH it finished at 16.



My bad.
Quick glance.
Posted by xGeauxLSUx
United States of Atrophy
Member since Oct 2008
21847 posts
Posted on 1/27/21 at 10:05 pm to
quote:

Where did you see PSLV is the play tmrw over AG?


Mainly PSLV over SLV.

good article:
https://seekingalpha.com/article/3827846-long-in-wrong-silver-bullion-etf

quote:

SLV stores the fund's silver bullion in London vaults and temporarily elsewhere. SIVR as well is more vague, storing silver in London vaults and "in other locations." There is the chance of silver being held in vaults elsewhere due to the fact that some of the silver holdings may at one time or another be found in unallocated accounts. This is compared to PSLV which stores its 100% allocated silver bullion bars in third party Canadian vaults.


PSLV is apparently the only easy instrument backed by physical silver and not paper. But if you check Twitter feed...I'm also hearing the argument for SLV over PSLV. Just going to be watching it REALLY close.


Just trying to relay what I'm hearing about getting into silver.
This post was edited on 1/27/21 at 10:08 pm
Posted by Bonjourno
New Orleans
Member since Jan 2010
2746 posts
Posted on 1/27/21 at 10:08 pm to
quote:

Where the hell can you find that? I'm searching everywhere. I found a video where you're supposed to make a trade and select "extended hours" as the duration and then it gives you an error with a link, but all I have is "Good for day" as an option. Curious why they make it so fricking hard.



Go to forms and it’s pretty far down on the right. Extended hours agreement or something. You can accept it online. Probably need to be on browser not the app.

ETA: once you accept it, the extended hours options come up in the drop down
This post was edited on 1/27/21 at 10:09 pm
Posted by wahoocs
Lafayette, LA
Member since Nov 2004
23577 posts
Posted on 1/27/21 at 10:08 pm to
Good info

Thx
Posted by xGeauxLSUx
United States of Atrophy
Member since Oct 2008
21847 posts
Posted on 1/27/21 at 10:12 pm to
Posted by wahoocs
Lafayette, LA
Member since Nov 2004
23577 posts
Posted on 1/27/21 at 10:17 pm to
I’m new to this

Does the buy order asking 16.56 ensure I will get it at opening tmrw?

Just such a difference from it’s closing price, but waiting to place at market opening will likely be much higher

I’ll pay the premium now if it guarantees it will purchase at that price
Posted by UnluckyTiger
Member since Sep 2003
39424 posts
Posted on 1/27/21 at 10:20 pm to
I don’t know, I’d imagine so as it’s building up. Or there could be a sell off. I’m relatively new to this too. Crypto on the other hand...
Posted by Bonjourno
New Orleans
Member since Jan 2010
2746 posts
Posted on 1/27/21 at 10:27 pm to
No the price will change with premarket trading. No way to tell where it will open right now. You can get up early and check out the premarket movement
Posted by wahoocs
Lafayette, LA
Member since Nov 2004
23577 posts
Posted on 1/27/21 at 10:34 pm to
I was getting up early either way

Can’t sleep with the thought of missing the boat, but will be working at 8:30

Are you saying smarter to wait, b/c price may go down, or are you saying the purchase won’t happen if price is higher at open?
Posted by misterc
St. George
Member since Sep 2014
732 posts
Posted on 1/27/21 at 10:37 pm to
The 5000 oz futures contract is down .88% right now, with the amount of buzz this is creating a lot of silver is getting bought tomorrow. Going to be interesting
Posted by Bonjourno
New Orleans
Member since Jan 2010
2746 posts
Posted on 1/27/21 at 10:39 pm to
With limit order, it won’t execute if the price is higher at open. You can put market price and get it at whatever price it opens at
Posted by UpToPar
Baton Rouge
Member since Sep 2008
22285 posts
Posted on 1/27/21 at 10:50 pm to
You’ll drive yourself crazy tracking AH prices. Just get in at the market price. If you’re jumping on the train you’re hoping this thing doubles or triples anyway. $1/share isn’t going to make a huge difference.
Posted by wahoocs
Lafayette, LA
Member since Nov 2004
23577 posts
Posted on 1/27/21 at 10:59 pm to
Yes

I bought 500 shares at Market price

Thankful for the advice. First time using TDA or any internet broker

Didn’t realize I could select Market price as an option

Broke my cherry. Hope I don’t bleed out. LOL
Posted by CE Tiger
Metairie
Member since Jan 2008
41786 posts
Posted on 1/27/21 at 11:01 pm to
I’m love how people just drop 10k based on a thread on a message board


Welcome aboard!!
Posted by wahoocs
Lafayette, LA
Member since Nov 2004
23577 posts
Posted on 1/27/21 at 11:12 pm to
I did “some” homework

This isn’t a penny stock, so when I have that money sitting in a money market acct making $16 in the last calendar year, I’ll take my chances it will do better in a commodity over a year’s time, if I have to hold it that long. LOL
Posted by DawgCountry
Great State of GA
Member since Sep 2012
31562 posts
Posted on 1/28/21 at 5:50 am to
Threw $1000 at AG. Where we buying our beach houses fellas?
Posted by CE Tiger
Metairie
Member since Jan 2008
41786 posts
Posted on 1/28/21 at 6:03 am to
We riding!
Posted by RidiculousHype
St. George, LA
Member since Sep 2007
10530 posts
Posted on 1/28/21 at 6:04 am to
AG is awake this morning!
Posted by Odinson
Asgard
Member since Apr 2014
2816 posts
Posted on 1/28/21 at 6:12 am to
It’s happening! This is just the beginning. Next week will be the bender once people move on from GME.
Posted by go ta hell ole miss
Member since Jan 2007
14026 posts
Posted on 1/28/21 at 6:12 am to
Crossed $18. Definitely building some momentum.

ETA: Now over $19 that quickly.
This post was edited on 1/28/21 at 6:16 am
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