A few hours after I made the post about silver dropping to new lows, it spiked up!
I had an order sitting to buy 800 shares of USLV @ $7.92 and it didn’t get filled because USLV only got down to $7.95.
If my order had been at $7.95 instead and had gotten filled I would now have 1,385 shares of USLV with an average cost of $8.64 and with USLV currently at $9.21 I would be up $796. However, since that order was not filled, my position remains at 585 shares with an average cost of $9.57 and is currently down $212.
My order for $7.92 is still open.