Thursday, July 7, 2011

Metals, Google, LPS, LYSCF

Silver in recent times has proven that it can have a good day even amongst negative indicators.  It consistantly acts about twice as volatile as gold.  I've been bullish on silver for over a year now, and it's looking to make a run up to $45 or so before I'll start looking back again.  Evaluating the LPS short by Cody Willard in May, it seems this was absolutely spot on.  LPS has lost ~33% since Willard voiced that the company was in shambles.  Around yesterday the CEO resigned due to medical reasons.... clearly it doesn't seem like things are getting better.  If it makes a bull run in the next week or so I might try to squeeze in a put.  FWIW Willard also bullish on google over the next six months.

After a project delay LYSCF is rebounding, still a fist pumping buy. 

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