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Anyone else like the junior miners right here?

Posted: Wed Apr 17, 2013 11:15 am
by MediumTex
GDXJ is at $11.78.

That looks like a buy to me.

Re: Anyone else like the junior miners right here?

Posted: Wed Apr 17, 2013 1:17 pm
by Wonk
MediumTex wrote: GDXJ is at $11.78.

That looks like a buy to me.
Yes (surprise!)

Re: Anyone else like the junior miners right here?

Posted: Wed Apr 17, 2013 2:49 pm
by Alanw
MediumTex wrote: GDXJ is at $11.78.

That looks like a buy to me.
I've like GDXJ and GDX for some time.  Down again today.  As long as gold moves down, I see no way for the miners to move up.  Is now the time to jump in?

Re: Anyone else like the junior miners right here?

Posted: Wed Apr 17, 2013 3:10 pm
by Greg
I thought the post said "anyone else like the junior mints right here" and got excited about the possibility of chocolate.

Re: Anyone else like the junior miners right here?

Posted: Wed Apr 17, 2013 3:13 pm
by Alanw
Stick to the chocolate.  A great way to save your money.

Re: Anyone else like the junior miners right here?

Posted: Wed Apr 17, 2013 3:44 pm
by MediumTex
Well I bought some GDXJ today around $11.75, so we'll see how that goes.

Re: Anyone else like the junior miners right here?

Posted: Wed Apr 17, 2013 5:22 pm
by AdamA
MediumTex wrote: Well I bought some GDXJ today around $11.75, so we'll see how that goes.
The Miner's drive me nuts. 

What's your strategy here?  When will you sell?  Will you buy more if it drops?

I'm tempted to buy some in-the-money Jan 2015 options, but have banned myself from VP misadventures (b/c I do silly things like gamble with options).

Re: Anyone else like the junior miners right here?

Posted: Wed Apr 17, 2013 7:24 pm
by MediumTex
AdamA wrote:
MediumTex wrote: Well I bought some GDXJ today around $11.75, so we'll see how that goes.
The Miner's drive me nuts. 

What's your strategy here?  When will you sell?  Will you buy more if it drops?

I'm tempted to buy some in-the-money Jan 2015 options, but have banned myself from VP misadventures (b/c I do silly things like gamble with options).
I will probably hold onto it for 6-12 months.  If it reaches $17 I will probably sell.

It's a small position so I will do my best to just forget about it for a while.

Re: Anyone else like the junior miners right here?

Posted: Tue Jul 02, 2013 10:03 am
by l82start
whats up with this ??  the all time high showed as 40+ dollars and it has been in the 8 to 11 dollar range lately... today yahoo has everything shifted up...  http://finance.yahoo.com/echarts?s=GDXJ ... =undefined; and today's price at 36

Re: Anyone else like the junior miners right here?

Posted: Tue Jul 02, 2013 10:33 am
by AdamA
l82start wrote: whats up with this ??  the all time high showed as 40+ dollars and it has been in the 8 to 11 dollar range lately... today yahoo has everything shifted up...  http://finance.yahoo.com/echarts?s=GDXJ ... =undefined; and today's price at 36
They just underwent and 4:1 "split". 

Re: Anyone else like the junior miners right here?

Posted: Tue Jul 02, 2013 11:03 am
by l82start
ok that makes sense. 

i am curious, it looks like there are no fractions of a share  for example if i held fifteen before the "split" i now have three?  what happened to the .75 of a share?

Re: Anyone else like the junior miners right here?

Posted: Tue Jul 02, 2013 11:06 am
by AdamA
l82start wrote: ok that makes sense. 

i am curious, it looks like there are no fractions of a share  for example if i held fifteen before the "split" i now have three?  what happened to the .75 of a share?
Is there a credit to your account?

Re: Anyone else like the junior miners right here?

Posted: Tue Jul 02, 2013 11:12 am
by l82start
i don't see one.. 

Re: Anyone else like the junior miners right here?

Posted: Tue Jul 02, 2013 11:25 am
by MediumTex
Sometimes those partial shares settle a day or two later.

Re: Anyone else like the junior miners right here?

Posted: Tue Jul 02, 2013 11:29 am
by l82start
MediumTex wrote: Sometimes those partial shares settle a day or two later.
made a phone call to find out.... this is what happened, it should post today/tomorrow as cash ....