Time to sell silver stocks

in #gold6 years ago

Endeavour silver is at 4.21 which was recommended at 3.09 (36.2% return)
Great panther silver is at 1.54 which was recommended at 1.54 (2.66% return)
First majestic is at 9.44 which was recommended at 7.81 (20.8% return)
Silver one resources got hit hard going from 30 cents to 16 cents (-47% return)

If you had $250 in each of these, here is the value of the stocks
1.) 340.5
2.)256.5
3.)302
4.)132.5
1000 turns to 1031.5

If you only went into the producers, your return is a lot greater, but if you did take the extra risk and invest in the junior, your only up a small 3.1% if i did my math correctly.

Here is the link to the recommendations, from two months ago. Obviously as stated, I only owned first majestic and it turned out great to me getting in at 7.81 and selling at 9.89

https://steemit.com/silver/@johnhebeincaunce/silver-stocks-set-for-huge-gains-in-short-medium-term

I will be searching for better opportunity's and will avoid junior miners as they are too risky for me to recommend to anyone. Glad it was profitable though!

bad sign for silver for near term.