Some time ago I said wouldn’t buy NVO unless it went under $2. Doc answered, said it’s going sub $2. Not long after I bought lots at $1.97 and sold a day or two later at $2.15-2.20
It’s down again now maybe good for a trade.

Terry, could be regarding Novo. My odds have to be at least a 95% not on a day trade though however I need to come out on top over at least several weeks. I really don’t want to take any more heat than about 5%. That I can handle and realize it there’s needs to be some room to play. All depends on the setup and the stock or if it’s futures it’s just all over the place however needs to be at least 95% odds coming out with a hands down winner. If I was just going to play something or a quick trade and I wouldn’t waste my time personally. I don’t like stops for the simple reason as you know you get taken out then you lose money you need to go back in and lose more money. So, that’s the game I don’t play I just pick the winners and let everything else pass me by. The strategy, let all the opportunities come to me I don’t chase anything. All my setups are rare opportunities. No exceptions. However, if I was going to chase something like Novo and I realize the stock is down so you never know maybe a good time to take a stab at it. It’s definitely not a setup for me. Doesn’t meet the criteria above in other words. Ha Ha to be honest, I don’t know what this stock’s going to do Novo and I wouldn’t purchase the stock. Looks like it’s trending down and no NYSE listing.

Taking a stab at Novo, I would put a sell stop in and how far down that would be up to someone that wanted to gauge exactly how much they want to lose by playing this setup.

You’re well aware too, that sell stops are useless if they stock opens up and gaps down past the sell stop.

Anyway, that’s my take on everything. I only specialize in really rare opportunities.

Hey suckaaa, you missed it by Long Shot.

Too anxious to make money. Desperate traders. WackaTrade !!!!

Post above for ootb reply to his message above 4 up

Terry, that’s a excellent option to hedge your bets writing calls against the stock you own outright. If the market is just trading sideways and heading down especially that’s a real good hedge. I never wrote calls or anything like that on my stocks that I owned out right.

I’ll tell you what, I got arbitraged on many calls and puts I wrote on certain stocks. They didn’t like me making money I guess on options lol. They exercised them.

I was always big in futures. So, that was just chicken feed writing options. I didn’t worry about it, just another day in the park.

I was writing naked call and put options so that was risky but I was always a high risk player. That was my nickname and wiz kid.

👍👍 precisely. “Indubitably”

No doubt, uranium has done real well. However, so has a lot of sectors. Coal has done extremely well. Technology retail has also done extremely well. Oil and gas production including tires.

We’re in a crack up boom. Just getting started. Once confidence is lost in the purchasing power of the dollar and that’s coming. Unless other extreme risks and perils take hold. Although, this crack up boom is really something that needs to come to pass. It’s now all baked in the cake. It’s not going away.

Gold equities have been overlooked recently that spells opportunity. Even cryptos have done real well in the last several weeks and one in particular I was going to purchase ripple XRP it’s doubled in the last several weeks and it’s done the best. It’s overlooked too.

Whatever floats your boat there’s a lot of opportunities and there has been many sectors that have done a really really well not just uranium.

Agreed Holy Grail. I never implied or stated that Uranium was the only sector that has done well, and was simply noting it has had a really good run over the last year, and the Uranium miners had a really great day today.

Overall, this site is more focused on resource sector investing, but there are a lot of different commodities to follow, and was just checking to see if folks were still invested in and interested in the Uranium sector.

It helps us to know what kind of interest there is some of these more niche sectors for show topics, the companies that we reach out to for interviews, and some of the pundits we bring on the show.

Considering how well Uranium stocks have done over the last year for mining stock investors, and especially on days like this, one would have expected to see a bit more posting on the recent move; if investors were seeing those gains in their portfolios. We did get a few emails to this effect from listeners, and there was more discussion about the blast higher in Uranium stocks other forums, but not so much on the KER blog.

Personally, I hold a pretty large basket of stocks across a range of commodities in my trading account, and 7 out of the 10 top gainers on the day were Uranium stocks, so it definitely caught my attention and stood out amongst a mediocre day in many other mining stocks broadly. If other investors were reasonably positioned in the Uranium stocks and also saw those kinds of gains today in their accounts, normally there’d be more chatter about it on the blog. Just curious if folks are still following this sector.

We regularly discuss many of the sectors you mentioned like tech, oil & gas, cryptos, etc… with the generalist fund managers and economic thought leaders that we bring on as show guests every week.

Thanks Ex, I was just saying that there’s been a lot of opportunities and yes I did forget to mention that uranium stocks could go ballistic I don’t rule that out at all. They’ve already had a decent run so they’re not really something I would speculate on even if they did go ballistic. For others though, it’s a great opportunity. My trading rules just won’t allow it. That held true for Bitcoin as well. No FOMO. I would never invest in anything that I don’t fully understand. Whether it’s a worthless bubble or not I don’t want to find out the hard way.

You do a fantastic job on covering a lot of the resource stocks and everything. There’s a lot of ground to cover and it’s overwhelming. Any debates with me are welcome because that’s the only way you can discover the facts and the truth.

This era that we’re in with the crack up boom. Whether it truly comes to pass or not and unseen forces of a greater magnitude put the brakes on everything. I’m much more concerned about what follows. Again, the uranium sector could go completely ballistic so like I said I’m not ruling it out. I should have mentioned it.

The central bank’s own it. Not only that, it was reclassified to a tier one asset from a high risk of tier 3 and any bank can borrow money off those reserves now.

I agree though, there’s a lot of wacky people but that’s very far few and in between now. The general public is not in the precious metals all their money is in stocks and real estate.

Again though, timing is everything.

HG, that cataclysmic event is the one thing keeps me awake at night.

Ya Terry, it’s keeping a lot of people awake at night if you visit the other site referred to as politics. It’s rigorously discussed. I’m more weighed in on the spiritual side of things than anything else. Lastly, this cataclysmic event is on its way there’s no doubt in my mind and no one’s expecting all the collateral damages and loss of life from all the consequences of all these failed policies. There’s a long dirty laundry list. We have a society that’s completely in a hypnotic state of mind.

Haha! Keep the good comments coming David, as we love getting your input 🙂

The most common reason for something to go to moderation is misspelling your name or email, or putting more than 2 links in a post. It happens all the time to me, but yes, there is no grand initiative to block certain websites that I’m aware of.

Cheers!