This post was just published on ZYX Short Change Alert.
On Friday shorts were entered in the range of $6.50 to $6.70. ANV is trading at $6.07 as of this writing and 60% is being held. Consider taking profits on a 10% tranche right here. This will leave 50% of the full core position size being held.… Please click here or the title below to read more.
The Crimean referendum took place over the weekend, and 96.77% of the vote was in favor of joining Russia. Sanctions from the West will likely be announced soon. The Chinese renminbi fell 0.3% to an 11-month low, which is a big move for a currency; this comes after a string of bad economic data from China.
Over the weekend, there were predictions that the DJIA would open on Monday down 300-400 points and gold would open up $40-$50. It is still early in the pre-market at the time of this update, but it is worth noting that DJIA futures have been up over 90 points and gold has been down about $6.00.… Please click here or the title below to read more.