To be honest I sold OK at the open on Monday. First serious money I've made since March. I also got stopped out on First Majestic at $20.00. At the moment I hold neither. Both have been very good to me.

I would agree the price of T.FR is being "managed" lower. Who knows maybe the bottom is in? The price of silver should help FR recover but I'm sure the PTB will continue to bomb the market with paper shorts 'til the end of 2012 to attempt to paint the tape and cover their own shorts when volume is low on the COMEX. I could be very wrong though.

For now I'll stay on the sidelines and wait for the dust to settle. SMF069