As I speculated it might, CFC blew through the 35 level yesterday. It's back above 35 this morning. Our option spread that cost 0.80 is now worth about 1.30. I'm holding on in hopes that CFC stays around 35 until Friday, when the trade could be worth 1.50 or more.
Meanwhile, the ABX continues to go straight down, far below even last week's shocking levels. Something is happening, but you don't know what it is, do you, Mr. Jones?
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