Wednesday, May 13, 2009

I WANT THE KNIFE!!! ~ Seabridge Gold, Inc. (USA)(Public, AMEX:SA)

Buyin' GOLD on strengff!?!

BOTD adds (SA) as Seabridge hits a NEW 52-WEEK high.

Buy On the HIGH.

.

... "Who all seen a Leprechaun say YEAH!!"


"More GOLD per SHARE!"


Back to $1000?! hmmm... I WANT THE KNIFE, please!

..

.

GOLDEN FACTS: There are about 5 billion ounces of above ground gold supply worth about USD 5 trillion at current prices. Less than 5% trades annually.

The SHORT List: *short* $USB (it's still personal), $MON JUNE 85 puts (added today) ... long $TZA

p.s. CHINA NATURAL (CHNR) 10.976+0.41 (+3.88%) ... 2x VOL late day Leprechaun buys. *

5 comments:

BUY ON THE DIP said...

Punched in the PENNIES:

FBR 0.430 -0.110 (-20.37%)*up
BQI 0.890 -0.130 (-12.75%)*hate
GBE 0.900 -0.130 (-12.62%)*down
PWAV 1.06 -0.06 (-5.36%)*up
ETFC 1.52 -0.07 (-4.40%)*tard
FTK 2.05 -0.32 (-13.50%)*up
DFR 4.53 -0.17 (-3.62%)*up

our ETFC trade could not have been worse. the whole logic was a play on a break out when crossing $2.00

Monday we watched as ETFC opened lower and proceeded to fall through our buy point of $1.87 (we said hey, let's sell and buy back lower, but didn't) ... then to compound the error, we bought more yesterday near the close at $1.61

... today E*tard finished on lows $1.52-0.07(-4.40%) ...

lesson: if your "trade thesis" gets shot down early, take the early loss. the "idea" was wrong.

BUY ON THE DIP said...

if you caught our POT trade from SUNDAY, cheers!

called the 100+ breakout from $96.

added the MAY $100 calls MONDAY

sold 2/3 up 300%+ TUESDAY

sold 1/3 up 500%+ WEDNESDAY

BUY ON THE DIP said...

Bullish Events
Close Above 13 Day EMA
Close Above 50 Day EMA
Record Price High
This Months Best Trends

SA closed above its 13-day EMA on Wednesday. This signal tends to have bullish implications that the near-term trend of the stock is higher.

SA closed above its 50-day EMA on Wednesday. This signal tends to have bullish implications that the near-term trend of the stock is higher.

On Wednesday, SA triggered a Record Price High when it hit a new 52-week high of 26.00.

SA was one of the top percentage gainers for the month, rallying (+19.11%)and beating most other stocks on the AMEX.

BUY ON THE DIP said...

new 52 wek high. (again)

26.82 +1.87 (7.49%)

team BOTD wins. again.

BUY ON THE DIP said...

the golden child.

SA
28.45
+1.91 (7.20%)

new high today 28.99