Jan 27, 2021
Dreams do come true, so to nightmares, for GameStop GME shorts.
What? From $12 to $365, and it ain’t over yet ?? OH MY.
Lets go with something more pedestrian and mundane, my last trade
in the retirement accounts. After having soul-searched for a suitable
vehicle for low intensity investment, I picked a Canadian Chemical Co,
Chemtrade Logistics, CHE/UN.To, which has tonnes and tonnes of debt securities, averaging close to a half million common shares a day. All was well and calm until the common went vertical, which of course cannot last, and I exited the Common Stock with a 25% profit in 6 mo, plus the dividends, which satisfied me, quite well. I simply cannot abide a stock going straight up, because I know what happens when it exhausts itself. While GGN was my next target, I had back-ups aboard in case my US Funds were transferred in time. Both my primary and secondary targets had forward div rates in excess of 8%, so I ended up with my first backup, a Canadian Fund specializing in regional debt. Lets see how that works out.
Lets see, Nanci (crazy nan) bought about a million dollars worth of TSLA and APPL LEAPS in December, expiring about March of 2022. Seems a wonderful coincidence that the “accidental” Junta leader Biden declares that the entire USA
Fleet would be ELECTRIC on the next cycle. Now that wasn’t bad for the market, was it ?
Well out of the political circle and back into mining stocks, seems this half of the GOOD-STANDING List is standing up pretty good:
2nd Half Good Standing List, and I included Dixie Gold in there as it is holding
its position. The first half of the GOOD-STANDING LIST:
1ST HALF GOOD STANDING LIST, is a bit more mixed.
Subscribers will get an additional copy with recommendations. Don t miss out, sign up at https://denaliguidesummit.com/. SUBSTACK readers will receive an a common conventions and orientation report as well for all. Below is a tidbit.
Not at a 52 week low for price but yes for CHAIKEN MONEY FLOW, MAX.To is holding up. https://www.midasgoldcorp.com/
has interesting possibilities plus in a region of support. Read it yourself. Find me at:
Information contained herein is for educational and informational purposes only. Investors are responsible to execute their own due diligence investigations to protect their capital. Publisher or associates may have positions in these stocks as well. CopyRight Denaliguide, DGS Publications, 2021-2022