How about a great play on silver???
If have chosen GPL instead of GPR (the canadian issuer) for a reason: usa/can exchange rate, as i expect the US dollar to be a bit stronger over the next couple of weeks and trading ''at par'' is another good profit opportunity here.
Let's get back to GPL. If you look at the chart it has been relatively stable over the last couple of weeks and i suspect it is ready to jump higher any day now.
Especially this morning where market seems to open lower, it could be a great entry point under 1,65$. There is no need to rush in as i think silver price will still continue to climb but at a slower speed and GPL is more an accumulation play than a trade play.
But in any ways with the financials coming soon it could also help a bit the stock climb further.
So when you combine with silver going higher, good financials (imo) and US showing strenght, this is a perfect combination for a nice profit.
As usual (and more actually) DO NOT INVEST MORE THAN YOU CAN AFFORD TO LOSE and always do your own due diligence before investing in any stock. CHEAP SHARE PRICE does not necessary mean a real bargain. Play with extreme caution.
Get THE PLAY OF THE DAY on Twitter : @investman2
If have chosen GPL instead of GPR (the canadian issuer) for a reason: usa/can exchange rate, as i expect the US dollar to be a bit stronger over the next couple of weeks and trading ''at par'' is another good profit opportunity here.
Let's get back to GPL. If you look at the chart it has been relatively stable over the last couple of weeks and i suspect it is ready to jump higher any day now.
Especially this morning where market seems to open lower, it could be a great entry point under 1,65$. There is no need to rush in as i think silver price will still continue to climb but at a slower speed and GPL is more an accumulation play than a trade play.
But in any ways with the financials coming soon it could also help a bit the stock climb further.
So when you combine with silver going higher, good financials (imo) and US showing strenght, this is a perfect combination for a nice profit.
As usual (and more actually) DO NOT INVEST MORE THAN YOU CAN AFFORD TO LOSE and always do your own due diligence before investing in any stock. CHEAP SHARE PRICE does not necessary mean a real bargain. Play with extreme caution.
Get THE PLAY OF THE DAY on Twitter : @investman2
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