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Peter Schiff Video Blog - December 3, 2010 (Gold, Dollar, Oil, Jobs, Deficits)

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December 04, 2010 – Comments (7)

7 Comments – Post Your Own

#1) On December 04, 2010 at 3:31 PM, PickThatBooger (28.38) wrote:

Yo dakota, lol. $GPRLF took off for us huh? I sold some yesterday above $2.60. P.S. I made sure to read the rules hanging around the poker game on the walls this time, lol. Nice score on $RBY as well-nalied it. Ok, so I've got a question for you, would appreciate your opinion (usually I really don't go asking for help or opinions, but I'd like some one time please). I'm overweight $UEC currently and was going to unload above $7 on Friday, however I didn't because I was busy with the Silver thing-y. Thursday, someone on the MB's asked on when I planned on selling $UEC, and I told them Friday morning. So anyway, Citron comes out with a hit piece on the stock around mid-day Friday, which caused a reversal on the stock. After the markets closed Forbes countered for me and wrote a blog backing up UEC. Caught between a rock and a hard place here. I don't want to give up gains, however I don't want to lose either. And I'm wondering if it is possible that the stock can actually go up after the counter from Forbes Friday evening. Can you do a few minutes research on this, and get back to me, Thanks.

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#2) On December 06, 2010 at 11:53 AM, PickThatBooger (28.38) wrote:

Well, I guess that answers my question.

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#3) On December 06, 2010 at 12:08 PM, kdakota630 (29.81) wrote:

PickThatBooger

Sorry, I was away for the weekend and pretty busy today as well.  We're getting SWAMPED with snow here in the neighbourhood of 18" since yesterday and another 12" likely into tomorrow, possibly until Thursday.

Anyway...

Yeah, GPR is looking great.  $2.78 as I'm looking at it right now (Canadian market).  Surprised you sold some at $2.60.  I'm pretty sure I won't be touching mine for a while.

As for UEC, I haven't really looked all that closely at it, but to me there appear to be better uranium plays.  I think it's down another 5 or 6% today.

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#4) On December 06, 2010 at 2:27 PM, PickThatBooger (28.38) wrote:

I saw that you red thumbed it this morning. Andrew Left put a hit-piece out on it Friday. Anyway do you think it can recover and go higher, oh, let's say into the 8s or 9s after a consolidation here? They just started production from what the company is saying. Thx for your thoughts.

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#5) On December 06, 2010 at 2:49 PM, kdakota630 (29.81) wrote:

Actually, I red-thumbed it Friday and it took forever for it to kick in on CAPS.

I don't feel too strongly about the stock in general, but I'd be surprised if it got into the 8s or 9s after the jump it's already taken.  I wouldn't completely rule it out, but if I had to bet, I'd bet against it.

BTW... snow hasn't let up, and they're predicting 100cms (about 40") between yesterday and tomorrow, and I'm ready to pack it in here for now.

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#6) On December 06, 2010 at 2:56 PM, PickThatBooger (28.38) wrote:

Hey dakota, thanks for your thoughts. You're my favorite player here on Caps (I'm still a newbie). Hope ya'll are safe with the winter weather. Hope to talk to you soon.

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#7) On December 08, 2010 at 8:28 PM, jrod87 (85.26) wrote:

dakota,

i just really get high of spice and drink beer then guess on caps...so could you do me a solid????

lol...Im bullish on FBP and UWBK why am I wrong, and wher could I might be right?

hx as always you sound like SFC B.FREY use to be in my unit now hes moved ot Nebraska??? thx for the help. I follow as often as i can

 

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