Related Blog Posts from the Wikinvest Wire

When the metals markets go bearish, they really go down. Take Coeur Mining (NYSE: CDE), formerly Coeur D’Alene Mining. The largest U.S.-based silver miner is selling for just half of its book value. A drop in silver prices and several operational setbacks have pushed the stock down 60% this year, and it is looking very [...]

Silver prices plummeted 17.7% Friday - their worst one-day loss since 1984 - to finish off a week that saw the "other" precious metal nose-dive 27%. Silver was hardly the only casualty: Investors pulled money from stocks and metals in favor of cash, U.S. Treasuries and the U.S. dollar. But here's the key point: This silver pullback won't last forever, and fleeing silver - or top silver stocks like Coeur d'Alene Mines Corp. (NYSE: CDE) - will prove to be a costly mistake. As...

A little more busy than the last couple of days but I am fighting for every inch I can get. BKS is basically near the puke stage. Today I decided that I would throw out a bid for a nickel on the calls that I wrote and it took a while but sure enough they [...]

Frustrating day with interactive brokers. My carryover with BGS could have been a very good trade for me but very near the open no shares were able to be shorted using interactive brokers. Just about everyone else in the chat room said they had shares available and it wasn't until the price dropped to about [...]

Well today was the best day of the month but I hope it turns into the worst as it will be Mac and Cheese being served in the Weinstein home at the rate I was going today. The one and only short signal I had was with CDE and I didn't put any size on it [...]

The market continues to press higher despite a midday sell off Monday. They closed with solid gains for the day with technicals better on NYSE than Nasdaq. Nasdaq was kind of sloppy and may be some cause for worry. We’ll just have to see h...

Last day of the month and I finish out February by being able to chalk up another month in the winner column. I didn't get more for trading but I did get a couple of trades. I did manage to order another computer that I hope I will be able to use to replace my [...]

Shares of ON Semiconductor Corporation (NASDAQ: ONNN) are higher on the session by 1.76%, currently trading at $7.80. The stock has been moving largely higher over the past two months, bottoming near $6.00 and rallying above the 50-day and 200-day moving averages. Options traders are buying calls on ONNN today. A short while ago the December $8.00 call was purchased 2,000 times, on the offer, on open interest of only 925 contracts. This signals new positioning on the strike. Overall call...

Shares of Coeur d'Alene Mines Corporation (NYSE: CDE) are lower on the session by 1.21%, currently trading at $20.36. The stock has been moving largely higher over the past three months, breaking above resistance and rallying above the 50-day and 200-day moving averages. Options traders are buying calls on CDE today. A short while ago the December $25.00 call was purchased 4,300 times, on the offer, on open interest of 4,372 contracts. Overall call volume is now running at 2.24x the...

Couer d'Alene Mines (NYSE: CDE) is reaffirmed as a Buy from Jefferies, which writes “[We] are pleased to see Coeur report favorable results on exploration drilling at Palmarejo, Joaquin and Rochester. Joaquin looks attractive, especially considering it is located between Andean Resources' Cerro Negro project (highlight of the recent bidding war between GoldCorp and Eldorado Gold) and Hochschild's San Jose mine. Drilling at Horrible vein at Kensington property is returning favorable...

Rising gold and silver prices push our silver picks Coeur d’Alene Mines Corp. (NYSE:CDE), Silver Wheaton (NYSE:SLW), Hecla Mining Co. (NYSE:HL) well into the black. Gold’s been going up, knocking at the $1,000-an-ounce gate. Why exactly I can’t tell you… its principal bullish factor, inflation, being vortually non-existent in today’s deflationary market. That leaves the fear of [...]