im interested in POT for my portfolio.
anyone care to share some guidance long-term?

how long is your long term? like 4years later without looking?

let the world economics play out first, see if there's a recession

if you're looking for 3-4 months for your portfolio, basic utilties and consumer staples would probably outperform resource/commodity plays.

be patient with your shopping list.. .and have your shopping list flexible at all times

contemplating on doing some call options on SLV after the big drop heh

you know any mining company looking at a resource like copper fox's will be doing NPV analyses using a 2.50 or so long term copper rates.

no one in their right mind would be using short term rates - as long as the long term price doesn't significantly change copper fox, or any commodity company's stock will just be on 'sale' when it goes down

this is coming from a long term perspective investor - of course revenues & margins increase in times of rising commodity prices, but long term a mine's value is based on returns calculated using LT prices.

Also, copper prices, along with silver and gold, got killed because the CME hiked the margins

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I'm sure prices will bounce back

hopefully they will in time for the FS study....that's what it all comes down to

this actually saved traders and price

i cant imagine the selling if everyone was on high margin while the price fell
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Great idea, don't know why I didn't think of this on friday

that's counter intuitive

higher margin requirements required people to sell to meet the new, more strict margin requirements. if margin requirements had stayed the same, a simlar sell off would not have been forced

in the long run, i agree, it makes volitility decrease, but a large sell off as a result of increased margins is just that and nothing more

the margin requirement was put in weeks before and gold silver were still going up
u dont get margined called unless u acct loses value

the high requirement didnt cause the selloff or add to anything
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You obviously don't get what's going on here

In order to keep your existing position, you must come up with more money to put into your account. Since many do not have that money, they need to sell, therefore causing the price to drop. This has already happened severals times in the past year with gold and silver.

CUU killed 1.18

Not much movement today...calm before the storm? Or poised for a possible rally?

^probably not a good idea to watch the stocks on a day by day basis... I think we bought pot too early =[
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filled @ 1.17 :fullofwin: gonna flip @ 1.40

Nice bounce for BNS.TO and POT in late trading!

Bah, I'm still down overall on POT :okay:

no you are right. higher margin needed further caused the selloff

im just saying it wasnt THE cause of the reversal

sorry. (mobile typing)
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get the hell out of commodities and get into short term financials. play of the week!
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Commodities just dropped so much and financials (ie bac) bounced 10%+ in 2 trading days...

Should i still be doing that? I guess the momentum could be considered shifted to the upside until it hits resistance...s&p500 @ 1210?

These bank stocks look so cheap...yet its just so hard to pull the trigger.

I wish I had added some more BNS to my long-term portfolio, when it was below 50, but I was afraid it could drop even more with the euro situation. For now, I'm sitting pat until there is more clarity on the euro situation

I think they will bail greece out........

^not just about greece...spain, italy, etc

^deadlines on thursday right?
apparently the German really don't want to bail them out...
France and UK are a bit more inclined..

hmm interesting week

thoughts on rally? guts telling me its fake