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11 May

Banking Off Of The Silver Dip, So Predictable!

by

Every day between 10pm and 8am I develop a detailed watch list for my subscribers and last Friday GPL was on the list. Here is what I worte:

“GPL is a Canadian based mining company with two silver focused mines located in Mexico. Silver may not be done selling, but it is close.  Silver producers are not getting hit anymore, so they could turn soon and I’ll be looking for a possible entry here today.”

Later that morning I alerted GPL through text messaging and email at $3.30 after buying 7,500 shares. In just 3 short days I sold for over $2,000 in verified profits by strictly adhering to my ‘warfare’ approach to trading. Pinpoint precision that works time and time again. Click here to watch this video that details my buy. My timing proved to be flawless selling GPL at $3.58 on Tuesday just off the high at $3.63 before it dipped today all the way down to $3.21.

Now it just so happens that I still think silver is going to bounce, so today’s dip presented a solid buying opportunity which is why I jumped back in just off the low at $3.22 buying 8k shares. And wouldn’t you know it… others must have identified that as support as well because GPL moved right back up the chart hitting $3.33 just before the close of $3.30. That type of strength is what I look for after I take a position and it’s always been my strategy to add into strength when my judgement appears to be accurate. For that reason I grabbed another 7k shares at $3.30 leaving me with 15k shares at $3.26. Watch this video that details how I identified $3.20 as support and filled my order just $.01 off the low before it ran into the close.

 

 

 

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