I'll start off with AXU. For the second time, I was stopped out of this trade, this time at $2.56--yesterday's low at $2.51 looks now like it marks the bottom: there was a swing low--WAY LOW--today. In retrospect, it looks like a good time to take the trade on the swing... but I didn't do it. Twice was enough. If it can close above the 18 dma, maybe I'll think about it. Ultimately, this is one I want to own, and at these prices, it seems like a good value play. I'm just bitter now! Here's the chart:
What I did add today is more Tinka. I couldn't resist the low prices and my Muppet brain told me "if it ain't broke, don't fix it." My plan was to get invested into Tinka up to 15% of my account. With today's addition at $1.02, I now have an average entry price of $1.12 and am invested 26%. Yikes! Getting down into the .90s seems to have triggered some stops AND some limit orders. The close was at $1.03, which looks like a good reversal to me (longish tail).
In other news:
The chart for a larger miner, Allied Nevada (ANV) looks strong today, and looks like the bottom is in (thanks to Alex at BBT for pointing that one out).
First Majestic (AG) has good news from their Del Toro mine: Del Toro Silver Mine Flotation Circuit Deemed Commercial
SilverCrest (SVLC) continues to expand one of it's deposits: SilverCrest Deposits Expanded
Plus interesting results from Aurcana (AUN), a small miner that I like, but haven't seen a set up to buy yet, especially given the action the last couple days. It's one to keep on the radar, though: Larger, more complex mineralization at Shafter
In silly news, I'm sure most of you saw the chart for FSLR. If you've not yet seen it, it rivals the NFLX chart from the day after their earnings last time. It's a (solar) rocket!
Finally, Kyle Bass is perplexed at gold's low price. A good watch: Kyle Bass: 'I'm perplexed'