Shoutout To Sir Isarmina
In my Oct 1st post about HL being my favorite value play, Sir Isarmina agreed about HL’s value, But mentioned his adherence to trading rules that told him to hold off. He was correct and avoided a drawdown. If HL fills the gap at just below 5, I will add, as I said I would. The company reported their third quarter production numbers with an explainable lower than expected silver number. That is the necessary catalyst to get the gap filled and once out of the way, the stock can begin the climb back up.
The thanks really belongs to Stan Weinstein. His book is easy to follow and full of good investing advise.
Yes, I never read his book but was a fan back in the day. Remember seeing his newsletter and the famous 4 stages of a stock cycle.