Loading ...Klondike Silver
Is buying Klondike Silver (KLSVF) at the market in the coming week a good strategy? Or does the Tent think I should wait for a pullback after a 16X move in under 9 months? Especially given the coming week, which traditionally has wild swings in the PM shares? Maybe I’ll get lucky and get Klondike in a sudden dip?
I’m still a newbie, still a learner.
Thanks,
GL
Hi GL
It just Tripled in a week
So we can’t say it’s a low risk entry point.
Obviously it’s being hyped by some promoter so anything can happen
Don’t buy! Small caps Almost always pull back after a parabolic run like this. Odds are extremely against you not to take a bath. Even if silver keeps going up and good news keeps coming it will still probably give you a better entry point if you wait!!! No FOMO it’s the best way to lose money
Welcome to the tent HiHoSilver.
Sound’s like you been around the Rocks
🙂
Someone posted this stock within the last few days. At the time I said there is a gap at .13US (.16CAN) The advice above is sound. If you are going to take a position I would use those targets.
This bull market in silver is going to be a historic barn burner. One doesn’t have to invest or speculate in thinly traded high risk silver plays to make the big score. One can just stick to the big proven names if held for the duration. As for me not dishing the company, but would avoid these type of charts, plenty of other opportunity, just look at GoGold (mostly silver)