If your going short gold....... by proxy...... your going long the market, i actually tend to agree now, it was either going to puke overnight or grind higher...... not many people have lost money betting on "Grind Higher" in the last couple years.
I'm pretty sure I'm the only one singing the praises of SQ. My time frame on that is years. Also, when I am talking about price plays, it's a good time to run and hide... But other than that, I agree that they're in good shape fundamentally, a great buy-out opportunity, and have potential to grow by leaps and bounds.
Oh, this is nice. A voice of reason. This should calm the market some: China warns North Korea: You’re on your own if you go after the United States
Well put this one in the funny papers i guess, remember last week when i talked about how DRYS would cause shorts problems over 2 bucks a share? How does it feel at 4 bucks a share? Its shitty cause we all knew they were going to get torched, but there is still no way you can justify holding DRYS long overnight.
Yep, what a fool i was for trying to short when we already had 1 red day...... the market putting in 2 red days is like heresy.
I'm on the same page, that it is a company to own for years. I think they have potential to be huge, worldwide. I work a lot in crappy countries and they could revolutionize payments in large parts of the world. A lot of the places I go the locals use data cards like currency. I'm sure they would prefer to use money. I like all the other products they are adding to the payment services. If they were able to integrate cryptocurrencies that would be huge.