Results 1 to 10 of 22
10-01-2013, 12:10 AM #1
Allied Nevada Gold -- this company has had the shit kicked out of it ... I'm buying a shit ton of this now, and I'm also buying UNG (natural gas).
So UNG at around $18.20, and ANV around $4.30 ...
10-01-2013, 11:46 AM #2
I've always been a sucker for stocks under $5. Took a brief look at ANV, and I see they adjusted their EPS, which meant they came up short on beating the revenue expectation. If they could get decent earnings the share could go well back up over $20. It' sitting on strong support currently at $4.18.
BullsFTW - What's your target for $ANV and any reason for buying it?The stock market is never obvious. It is designed to fool most of the people, most of the time. - Jesse Livermore
10-01-2013, 12:10 PM #3
sub'd for more info.A successful man is someone who wakes up in the morning, goes to sleep at night, and does whatever makes him happy in between.
Happiness is the only thing worth pursuing.
A turbo, exhaust gasses go into the turbocharger and spin it, witchcraft happens and you go faster. - Jeremy Clarkson
Sponsored Links Remove Advertisements
10-01-2013, 04:24 PM #4
Sub'd. Young and getting into stocks as of recent. Need to do more research but definitely interested.
10-01-2013, 04:27 PM #5
my biggest reason is gold is getting the shit kicked out of it - the market has not recovered, not yet --- and we are assuming that the gov't will taper buying bonds this month, I don't think so ... So that said, gold is cheap, but it's dangerous ... that's why I like miners, and ANV has a (massive) asset in Nevada ... I think their book value sits at well over $7 a share ...
So I'm buying it as a speculative buy, it's cheap, I'll stop losses at $3 if it gets there ...
10-01-2013, 04:42 PM #6Senior Member
- Join Date
- Jul 2009
Will check out- thanks for the post bulls!
edit: wow. that is a hammering!
Last edited by dc350; 10-01-2013 at 04:44 PM.
10-01-2013, 07:48 PM #7
10-02-2013, 02:04 AM #8
BTW, UNG (natural gas) shot up nicely today, I'd like to see it go well over $19 before I sell - it seems to cycle like this ...
10-02-2013, 02:13 AM #9
Bulls I agree the fed is not tapering anytime soon. Why do you think they won't? Also did you read about the mine in Alaska the big money backed out but a small company may still get it done if the EPA does not step in. I do not know if this is a public company but the one who wrote off 300 million was I think.
10-02-2013, 07:17 AM #10
I see $ANV dropped a bit, just means more potential for a bounce from here. It's still sitting on support, but my stop on this would be around the $3.50 to give it a bit of room.