Take physic, pomp

Trading Post (bleat to the beat edition)

MAG Silver (MAG.to) up 5% at C$5.91. The reason for the sudden jump at 12 midday? Casey just told his sheep to buy.

Exeter Resources (XRC.v) down 2.9% at C$3.98. The reason for the sudden drop at 12 midday? Casey just told his sheep to take profits.

I’m not making either of those up, BTW. Just goes to show that Casey has a following, but whether that’s good or bad is another story. Thanks to reader R for the headsup.

Fortuna Silver (FVI.v) up 5% at $1.06. FVI.v just unleashed its Year End report on the world, and you can get your copy on this link right here. At first skim the numbers look spot on to me and that may be why the stock is moving up now. However I need to read it more carefully before shouting anything too loudly.

Freeport (FCX) up 3.3% at $39.31. Aw gawd, I really ballsed this one up. It suddenly dropped towrds the bell yesterday afternoon and I sold my very-short-term-trading play out at a pre-commish profit but post commish loss. Today it bounces way past my $39 target. Oh well, no nice Argentine vino for me this weekend. I truly suck at daytrading.

Gold Hawk Resources (CGK.v) up 33% at $0.04 and volumes are good (though due to the share price, absolute volumes of cash being moved are low, of course). IMHO there’s room to see 5c on this move. DYODD though.

Leave a Reply

Your email address will not be published. Required fields are marked *

Hello, you are not in a chatroom, you are in my living room. Opposing views and criticisms welcome, insults or urinating on furniture unwelcome. Please refrain from swearing if possible, it is not needed.