Official Short-term Investments Thread

[SilverRex]

looking at Barrick gold today. we have two scenario that could unfold. with gold sitting on a key rising channel right now, the entire drop recently could be a deep wave 2 retrace since the 1240-1237 rise and so as long as it does not produce a lower low under 1240, there is a good chance it can bottom here.

which brings me to Barrick. I suspect we are close to a bounce soon, this bounce will either fulfill the reverse head and shoulder pattern which will target 28s in the coming weeks or (if gold heads lower and becomes more bearish) or this bounce will be simply a wave iv dead cat that will make one move lower towards the 18 in an expanding wedge formation.

either way I think is still bullish long term. I have bought back one abx position in the 21.50s, will add another if it hits the low 18s

then just hold until Feb/March 2017 for an intermediate cycle high/top

http://i.imgur.com/wDOHaGV.png

[Vanish3d]

nat gas cant seem to make up it's mind

[Disoblige]

Sell order JDST $31.00
Buy order JNUG $9.90.

Let's see if it hits.

Edit: Changed order as bears taking over; key signal for me was it hitting the new high of the day.

Ended up selling JDST at $32.64 as my stop loss was hit.
Back into JNUG @ $9.25.

[SilverRex]

any caught the breakout in cooper this week? it broke out from a 7 year decline. I was told this is the most sensitive commodity that is signaling inflation. we could be at the beginning of a coming bubble in something... equities? oil again? silver?

[Vanish3d]

damn.

I had an order for JNUG at 9.8 and another at 9.0. Both got filled.....

[Manhattan]

We're in some kinda market twilight zone. Extremely low/negative interest rates, richly overvalued equities with almost zero growth, yet banks are tightening up lending practices. Market is very unbalanced and heading towards a deflationary environment which is a lot worse than inflation. Printing money will be the government's only way to get out of the next mess. :nut:

EDIT: CAD closely follows copper so if it rises so will our dollar.

[SilverRex]

with gold closing below 1275 and 1268 and this morning it is still trading below this, it is increasingly warning that further drop lies ahead. if gold does not quickly recover these level within today and monday, then gold will likely target the next support level near 1200. a drop like this will no doubt bring miners down with it gdx to 20

the market has been hot and the scenario where gold benefit is to see it pull back significantly thereby bringing the US dollar down with it as both the US dollar and equities market is moving in tandem.

might be good to hedge one's position using dust if 1243 is broken to the downside

[Disoblige]

In JDST $32.75 to hedge against my $9.25 JNUG entry as I do expect gold to go down further. Will be adding more JNUG if it dips into low 8's/7's

[Disoblige]

Looks like we're headed to $1200 guys. Prepare yourselves. Mad gold dumpage.

[Vanish3d]

Originally posted by Disoblige
In JDST $32.75 to hedge against my $9.25 JNUG entry as I do expect gold to go down further. Will be adding more JNUG if it dips into low 8's/7's

I don't understand this strategy. Would this not be the same as just selling your JNUG position? (Assuming the $ value of your JNUG is the same as $ value of your JDST position)

[Disoblige]

Not really. If I sold JNUG for a loss, bought JDST, and things reversed for whatever reason, I could be screwed there.

But premarket made me realize there is still more room for gold to drop, so I'm just protecting myself until I believe gold has bottomed.

My worry right now is gold going below $1200 :eek:

[el_fefes]

Holy shit! This drop is intense! Holding the bag with Yamana.... at least i'm not in JNUG...

[Vanish3d]

Originally posted by Disoblige
Not really. If I sold JNUG for a loss, bought JDST, and things reversed for whatever reason, I could be screwed there.

But premarket made me realize there is still more room for gold to drop, so I'm just protecting myself until I believe gold has bottomed.

My worry right now is gold going below $1200 :eek:

I meant if you sold JNUG and did nothing and when you are ready for re-entry you buy JNUG.

[degeneratetrader]

JNUG is taking a beating. geez...

[Disoblige]

Originally posted by Vanish3d

I meant if you sold JNUG and did nothing and when you are ready for re-entry you buy JNUG.
Yeah I guess it'd kinda be the same thing $ wise assuming I sell JDST when I think JNUG has bottomed for a buy-in. But having both gives me more flexibility. I personally think gold will bounce back, but I didn't want to regret not getting in JDST early for a good price.

[bjstare]

I am pretty happy right now about unloading YRI a couple days ago and not being in JNUG. A shame that I didn't stick with JDST though, and just flipped it a few times this week.

[SilverRex]

learned my own lesson many times over during the last few significant drop to not ever go over more than 25% in my portfolio using leverage. while I lost some money with this down move, I am also quite comfortable with my current holdings... finally added another position to my mainstay with kinross making a new low.

was also able to reenter jnug lower

now we watch. technically there should be a dead cat bounce follow by 1 more drop perhaps to 1190-1200.

however do watch the miners and while it suddenly is recovering strongly. if for what ever reason it can close green, then implication is that this was more like a real shake out before a big rally

[Disoblige]

Oversold bounce happening right now in bull miners. Healthy consolidation for bears before higher highs?

Stop loss in place for JDST to protect profits.

Edit: I strongly believe JDST will hit higher highs before the end of today. Although, it is Friday and there could be profit taking during the last hour of trading today. I'm planning to sell before the weekend to protect profits myself. I'll add +1000 shares into JNUG if it hits $6.25 with lots of ammo left over to average down if required (in 1000 share increments).

[Vanish3d]

fuck it. Cut my losses of JNUG and jumped into JDST at 37.5

let's see lower low just for today then i'll get out and watch for a couple days

[SilverRex]

gdxj has finally filled the june gap, never thought it was possible, but it did. with a confluence of support, it has so far bounced off the down channel line. one thing to note, when RSI gets into extreme oversold (green circles) when it begins to turn back up, it always puts in at least a good 10% run up, even if she falls again after.

therefore I conclude gdxj will find its way back to 37-38 even if she heads a bit lower in the next few days.

I have one jnug position in the 7s, will add one more if I see gdx hit 20 or below

http://i.imgur.com/x3NPyRE.png

[asp integra]

Whats a good entry back into jnug? Getting killed on it now

[degeneratetrader]

out JDST at 38.9. thought i fucked it up after trump won and watching gold jump to 1330, but i guess once in a while even a blind squirrel finds a nut.

[SilverRex]

Originally posted by asp integra
Whats a good entry back into jnug? Getting killed on it now

gold looks like it is in a invert head and shoulder pattern. I think (at your own risk) that if this pattern fulfills to the upside, gold should move back into the 40s, then fall to a lower low

the aggressive bullish scenario is to see gold move back above 1237 and to never break below it again.

[Disoblige]

Nice bounce off of $1220 just now. Trying to see if that'll hold or if JDST will surpass $41 before end of the day. I don't want to be greedy and likely going to let it go once it hits 41 before selloff into the weekend.

Update: Out JDST $41.41.

Eyeing another JNUG position in low 6 range either today or next week. Will adjust as needed based on GDX and gold.

[Vanish3d]

I'm just gonna keep raising my stop by 20 cent every 20 cent up in JDST
I just washed away my losses from holding jnug overnight yesterday so I'm happy

Might open a new jnug position at close

[bjstare]

I'm thinking about opening a 1/2 position in JNUG before the weekend. I'm a little afraid it is going to chase the 1200 support before climbing back up, but don't want to miss out in case it never reaches it.

[Vanish3d]

Got stopped out of dust and opened small Jnug. There needs to be a cat bounce at least

I just remembered I have a Jnug position in my RSP account at 13 lol thankfully it's a small one.

[Disoblige]

And there begins the JDST sell off for the weekend. Collect your profits if you like em, or at least sell half.

[Marsh]

Was fortunate with JDST this week. Entered in around $28 on Tuesday, and after shitting myself wednesday morning made out a bit. Sold at $39 today for a tidy profit. Looking to get into JNUG at these levels

[bjstare]

I followed through, got a small position of JNUG at 6.78. Looking for a bit of a bounce, and easy flip sometime next week. That, or buy more if it goes much below $6.

[Disoblige]

What do you guys think about the MJ IPO to be traded on Nov 22nd? I believe the ticker is IIPR. Looks like something that could be a big winner over time.

[SilverRex]

despite gold looking weak this morning and continuously trying to push lower, miners looks bouncy and wants to rally. wave 3 of C may be in. the extreme oversold should cause a strong bounce wave 4? follow by 1 more dive towards or under gdx 20?

added a 2nd Jnug position 6.20

[riander5]

CGC up 45% for me since my pre election buy in. Cant imagine some of the easy profits some of you must be sitting on that were in it before.

Havent had a winner like this in a lonnnggg while if feels

[secol]

chose the wrong horse....acb stagnant for weeks. ogi/aph/cgc all up 20+% (especially ogi) in the last 5 days alone

[Disoblige]

Originally posted by SilverRex
despite gold looking weak this morning and continuously trying to push lower, miners looks bouncy and wants to rally. wave 3 of C may be in. the extreme oversold should cause a strong bounce wave 4? follow by 1 more dive towards or under gdx 20?

added a 2nd Jnug position 6.20
Good call. I wasn't sure if gold was going to break 1211, but looks like it held and bounced nicely.

[Vanish3d]

Looks like I lucked out with UGAZ and JNUG.

Thinking of dumping JNUG now. Approaching the trendline

[SilverRex]

taking profit after a 20% bounce from 6.2 as gold is sitting right at a upper reverse neckline.. breakout = more strength, but Im only playing the swings...

[el_fefes]

Originally posted by secol
chose the wrong horse....acb stagnant for weeks. ogi/aph/cgc all up 20+% (especially ogi) in the last 5 days alone

Are you keeping ACB? Considering hopping on this weed train.

[Vanish3d]

Originally posted by SilverRex
taking profit after a 20% bounce from 6.2 as gold is sitting right at a upper reverse neckline.. breakout = more strength, but Im only playing the swings...

out of JNUG at 7.8
into JDST at 36

can't believe I actually hit it right for once! I'll just keep raising my stop on JDST till I'm stopped out

[secol]

i'm keeping ACB. i think the reason for going sideways is the amount of outstanding private placement shares which can be exercised. i think there were some in october/september and another batch in december. market cap wise it is not as overvalued as CGC and from my research their product is high quality. they have some issues with meeting demand, but their delivery is top-notch in terms of speed.

then again, i've been trying to swing ACB all along. so i'll probably be out on the next swing up

[SilverRex]

also oil looks like a good 5 waves down, potentially could bottom here with the next up leg about to be underway

http://i.imgur.com/fimJPc2.png

[bjstare]

Great start for JNUG. I set a trailing stop to lock in profits. We'll see if it bounces off yesterday's high or breaks through.

edit: looks like I had ok timing. Got stopped out shortly after I put the order in. Now I have to figure out which side I want to be on for reentry.

edit 2: might just use spare funds to scalp LABU/LABD for the time being.

[degeneratetrader]

put in a limit order yesterday for APH for $0.01 under asking at $5.08. train kept going to the moon and order didn't get filled, stuck today buying market at 5.8....:banghead: :banghead:

[SilverRex]

looking at gdx, the obvious negative divergence which started the entire correction back in July is now giving us a positive divergence potentially signaling a bottom.

while MACD has not reclosed to the upside, you can see that if gdx continues to move sideways or higher, it will begin to form the divergence.

RSI has finally lifted out of oversold territory. and we also had a swing low when price broke yesterday's high.

EW count suggest there is suppose to be one more sharp sell off to a final low under 20?

and this bounce is suppose to go no higher than mid 22s. If gdx reaches as high as 23+, then the bottom may be sealed.

if miners do turn back down for that final wave v of C of II towards 20 and under, I think it would be the last opportunity to load up

No one really knows if gold is headed under 1k or not as some suggest we are still in a bear market, and the rise this year is nothing more than a bear market rally. Yet, from a few sources that I trust, even if this is a giant bear market rally, I think gold will still have a chance to test the 1500 price resistance. the rise from 1046-1375 is merely wave A, we are in a wave B decline, follow by one last thrust wave C above 1375+

http://i.imgur.com/XuinFEy.png

[SilverRex]

this is my own guess. want to see gold make another 5 waves higher to the 1240-1250 area then one last drop.

bullish alt count is that the bottom was struct at 1211 yesterday. and wave 3 is about to start, if this is true then if price does break above 1232, it has to turn it into support

http://i.imgur.com/GRIzWkw.png

[bjstare]

Feeling pretty good about re-entering JNUG in the low 7.80s after a LABU and LABD flip. I think I'm just gonna set a stop to lock profits if JNUG drops, and step away from the computer for a bit. Don't wanna push my luck. haha

[SilverRex]

looks like biotech has completed 5 waves up off the low. cant rule out wave 5 extensions that can still keep price moving higher. but I will only be a buyer when I see the ABC wave 2 drop of 50-61% of the recent rally

[SilverRex]

gpr/gpl looks promising. if the bottom was struct back in Oct. then we just had a wave 2 correction follow by wave 3 to come.

http://i.imgur.com/Mrj6bOu.png

[bjstare]

Got stopped out of JNUG around 8.15.

A little chapped, as I was away from the comp for my chance to re-buy lower than the stop. Will probably look for another opportunity to add a half position before days end in case it jumps overnight.

[secol]

Originally posted by degeneratetrader
put in a limit order yesterday for APH for $0.01 under asking at $5.08. train kept going to the moon and order didn't get filled, stuck today buying market at 5.8....:banghead: :banghead:
acb zooming up over lunch hour

EDIT: sold most of my position for a 17% gain or so. kept most of my profits in there to let it run a bit since i think ACB isn't as overvalued as the rest (yet)

[littledan]

Originally posted by secol

acb zooming up over lunch hour

EDIT: sold most of my position for a 17% gain or so. kept most of my profits in there to let it run a bit since i think ACB isn't as overvalued as the rest (yet)

biggest one day gain in my portfolio ever. Considering cashing out or putting in some stops...

[degeneratetrader]

Originally posted by secol

acb zooming up over lunch hour

EDIT: sold most of my position for a 17% gain or so. kept most of my profits in there to let it run a bit since i think ACB isn't as overvalued as the rest (yet)

sold my position with a 135% gain. feels nice. threw it right back into a couple other companies. time to diversify

[sabad66]

BLO up nicely today too :D

what's with the pot stocks today?

[ercchry]

Originally posted by sabad66
BLO up nicely today too :D

what's with the pot stocks today?

Maybe a delay from the election? They didn't really pop like you'd think they would after 3 states legalized recreational pot (especially cali)... probably due to not knowing trump's stance on the federal level?

[secol]

Originally posted by sabad66
BLO up nicely today too :D

what's with the pot stocks today?
absolutely nothing....scary thing is APH/CGC/OGI (before today) were making the big runs the past few days based on basically nothing.

[secol]

Originally posted by ercchry


Maybe a delay from the election? They didn't really pop like you'd think they would after 3 states legalized recreational pot (especially cali)... probably due to not knowing trump's stance on the federal level?
from what i understand they can't do anything but sell their knowledge south of the border anyways. i doubt trump is going to make it easy for them to sell product in the states

http://www.theglobeandmail.com/news/british-columbia/donald-trump-presidency-will-give-canadian-pot-firms-a-head-start/article32846432/

http://business.financialpost.com/news/agriculture/canadian-marijuana-producers-eye-u-s-market-to-have-their-weed-and-smoke-it-too

[ercchry]

A big push in the states though means we will be more likely to get out of those pesky treaties that are preventing us from legalizing federally... not to mention most of these stocks also trade on American exchanges... and it's not like every investor is exactly brilliant :rofl:

BLO did release a statement and pictures of their latest prototype though on the 11th... so at least there was that haha

[RawB8figure]

I would be interested to hear what other pot stock investors exit plans are.

My understanding is that spring 2017 fed will release prelim. guidelines for legalization. Spring 2018 will be fully legalized across Canada.

My initial plan was to hold until it has been legalized and then sell. I bought prior to Justin being elected.

[dandia89]

Originally posted by RawB8figure
I would be interested to hear what other pot stock investors exit plans are.

My understanding is that spring 2017 fed will release prelim. guidelines for legalization. Spring 2018 will be fully legalized across Canada.

My initial plan was to hold until it has been legalized and then sell. I bought prior to Justin being elected.

which one are you in? I'm thinking of moving a handful into $CGC

[secol]

cgc is so insanely high right now based on nothing. also their margins went down this past quarter. their facility also isn't as efficient since it's repurposed but they are definitely the market leaders

[degeneratetrader]

i'm currently in CGC, APH, SL, OGI and TNY. exit plans are in april when legislation comes and gauge it from there. for any big dips up until then i will be averaging up.

[littledan]

I definitely need an exit strategy.

Right now I have positions in APH, OGI, ACB, and SL. Basically the same way I bet at the horse races.

For SL, I am convinced that they will have a bump if/when they jump from CNSX to CVE... I am going to hold that position into the mid $2 if i'm lucky

APH, based on their current market cap, I'm not sure how much more room to grow there is. Looking to exit short to mid term

ACB, I feel there is more upside here based on their expansion plans and production targets. I will be holding this stock.

OGI, again, not sure how much more upside there is on this one. Look to exit short to mid term.

Any insights would be greatly appreciated.

[ercchry]

ACB still is horrible with stock, reminds me of tweed... always has like 10 strains "coming soon" but 4 months later there is still only 3-4 available. These sorts of things don't seem to scare off investors though. Besides that the quality is nice, great packaging, super quick shipping, and real fancy client cards haha... $50 off first order is a nice touch too

[secol]

ACB gap up to $3....i can't blame myself for dumping yesterday but definitely missed out big here.....

3.25 now....

[ercchry]

BLO is over $1 :eek:

[el_fefes]

Huge shipping rally after Trump's win...

http://www.bloomberg.com/news/articles/2016-11-16/these-stocks-show-how-some-markets-have-gotten-way-ahead-of-themselves-since-the-election

some of these moves are insane DRYS is up 1500% since friday lol.

[sabad66]

Dammit, dumped blo yesterday for .79 lol

Faaak

Oh well profit is profit

[dandia89]

I want to find an entry point but it just keeps going up!!!!!!!

[secol]

acb....my 500 shares that i left has more profit on it then the much larger portion i sold earlier. up 45% and still room to soar based on the bids

[Vanish3d]

lol I just remembered I have 5000 shares of BLO at 0.59.
Wish I kept some real money in it, but a win is a win.

[ercchry]

Wish I left my full BLO position alone... was too tempting to start selling after holding it for two years when it first started to move in October... sold 20k shares, the 11k I sold at $0.30 is the hardest to think about :cry:

[degeneratetrader]

jesus christ stinky cabbage is soaring through the roof

[ickyflex]

Halted! shit...

[SilverRex]

gold technically did produce a higher high at 1233, though i was expecting a backtest of 1240.

felt naked and bought back jnug at 7.3 yesterday and sold 8.3 near the end of the day.

will try again, bought 1 position at 7.61

if 1233 was the wave 4 top and miners will begin to hunt the new low now, I will just add from here every 15-20% down.

otherwise I will see if miners still has legs to make another run from here.

also, if the resistance on gdxj 38.76 is broke to the upside without making a lower low, then the low on Nov 10th would have been it.

[RawB8figure]

Originally posted by dandia89


which one are you in? I'm thinking of moving a handful into $CGC

CGC
OGI
EMH
GLH
MT

[degeneratetrader]

GLH and MT are my next buys
\
EDIT: i think the CSE is crashing. the whole weed sector is halted

[bjstare]

Originally posted by SilverRex
gold technically did produce a higher high at 1233, though i was expecting a backtest of 1240.

felt naked and bought back jnug at 7.3 yesterday and sold 8.3 near the end of the day.

will try again, bought 1 position at 7.61

if 1233 was the wave 4 top and miners will begin to hunt the new low now, I will just add from here every 15-20% down.

otherwise I will see if miners still has legs to make another run from here.

I flipped my JNUG to JDST a little bit ago, keeping a pretty tight trailing stop on it. If it loses steam, I'm planning to switch back to JNUG.

[ickyflex]

CGC

Halted 3 times today wtf

[degeneratetrader]

APH and ACB halted a few times as well. no idea wtf is going on

EDIT: ACB still halted

[taemo]

should have bought some CGC back in September or early Oct.

have money on
GLH
ACB
EMH
APH

[degeneratetrader]

Originally posted by taemo
should have bought some CGC back in September or early Oct.

have money on
GLH
ACB
EMH
APH

APH is a fucking roller coaster ride right now. 7.75 - 6.8 - 7.2 - 6.15

[ickyflex]

CGC fucked me over on the both halts couldn't exit. Now hung

[SilverRex]

well did bte just gave us a breakout buy signal? RSI also broke out from it's trendline.

In a way this can technically be viewed as rule of Ro4 breakout. as long as price does not reclose below 5, there is a good chance we will see a sub wave 3 move taking bte back to the 6-7 dollar range.

http://i.imgur.com/9Tqc4qp.png

[degeneratetrader]

Originally posted by ickyflex
CGC fucked me over on the both halts couldn't exit. Now hung


who do you bank with? I tried calling in this morning for TD to trade over the phone but still on hold for 45 mins. so i guess i'm bagholding these stocks until i can trade on webbroker

[ickyflex]

Originally posted by degeneratetrader



who do you bank with? I tried calling in this morning for TD to trade over the phone but still on hold for 45 mins. so i guess i'm bagholding these stocks until i can trade on webbroker

I'm with BMO, had sells at 17 ready both times but it got halted both times then tanked to 13 and now tanked again to 13.

Long for now until another day plays out. Should be interesting

[degeneratetrader]

Originally posted by ickyflex


I'm with BMO, had sells at 17 ready both times but it got halted both times then tanked to 13 and now tanked again to 13.

Long for now until another day plays out. Should be interesting

i'm stepping away from my screen today - the screens are giving me a heart attack.

[Kloubek]

Originally posted by degeneratetrader


i'm stepping away from my screen today - the screens are giving me a heart attack.

Look at the last couple of weeks for Twer stock. I've been up and down, but ultimately losing thousands. :(

Not cut out for this investing game.

[bjstare]

Fucking webbroker.

Put a trailing stop on my JDST position. Price dipped, order filled, protected profits. No big deal.

Check my holdings a few minutes later, lo and behold - JDST still sitting in there, now losing. My webbroker shows a filled sell order, but also shows the holdings sitting in my account. :banghead:

[bspot]

Originally posted by cjblair
Fucking webbroker.

Put a trailing stop on my JDST position. Price dipped, order filled, protected profits. No big deal.

Check my holdings a few minutes later, lo and behold - JDST still sitting in there, now losing. My webbroker shows a filled sell order, but also shows the holdings sitting in my account. :banghead:

I had a similar thing happen with VB for a nice quick 10% loss. Brutal.

[ickyflex]

Weed stocks slowly creeping up again

[bjstare]

Originally posted by bspot


I had a similar thing happen with VB for a nice quick 10% loss. Brutal.

Did you have any recourse?

I've been on hold for nearly an hour now, waiting to give someone an earful.

[degeneratetrader]

http://business.financialpost.com/investing/market-moves/marijuana-stocks-trading-halted-after-massive-jumps-trigger-circuit-breaker

[bspot]

Originally posted by cjblair


Did you have any recourse?

I've been on hold for nearly an hour now, waiting to give someone an earful.

Not in my case, as it actually showed the stop order as "Rejected" if you opened it.

There is no reason for the order to be rejected, but I placed the order and left my desk, so I knew they'd just tell me it was my job to check the order status.

Yours sounds worse.

[bjstare]

Finally got through. Turns out the order was filled as indicated, and it was showing a false display in my holdings interface. Nice to know the order executed as per my settings, a little frustrated now though, as I would have bought again when JDST dipped, if I knew I actually had sold.

Oh well, now I know for next time.

[FlamingC19]

Anyone looking for an entry into Sil.V?

[SilverRex]

gdx as you can see technically you can say it has backtested the previous breakout neckline. and the 61% fib level is at 19.8

we could still see one more drive to a lower low under 20, but an alt count also suggest it is entirely possible the bottom may have been struct due to the massive volume detected on Jnug a few days back/

just get ready.

when both miners and gold tanked shortly after Trump won the election, I think it was big money driving all the bulls out as well as them unwinding their shorts. I still believe Trump is great for gold.

also it is very likely that the Fed will raise rates in December, so dejavu 2016 all over again. if that is the case we should be witnessing a collaspe of the US dollar after the rate is hiked and gold back on a 5-6 month surge. just use 2016 as your 2017 road map and you get the idea

http://i.imgur.com/jvu5AsN.png

[ickyflex]

CGC halted 4th time today

[secol]

hope people who were going to sell on the green stuff managed to get out.....

[SilverRex]

Originally posted by FlamingC19
Anyone looking for an entry into Sil.V?

I will be a buyer if it can get back between the previous breakout of 1.5 and 1.8

61% retrace is at around 1.61

[SilverRex]

I was eyeing NDM.to for the last few weeks, every since it popped (breakout signal) from 1-1.39, I nearly pulled the trigger to buy when it dropped back to 1.00 (as low as 0.93)

then this week it jumped over 2 :banghead:

anyways opening a very small position at 1.66, will continue to scale in if she drops further