RE: RE: Peter Marrone Selling again
The most frustrating part was the constant selling Peter Marrone CEO would undergo on a continuous basis.
DOn't be frustrated he has more shares and nothing wrong with him selling. Insiders buy and sell he has a deep interest to see the company grow and grow it will.
Now to the reason for targets over 35 for Yamana is the fact they have the best new projects don't just look at the profit from 1400 gold but when we get into higher levels stocks go up before the profit. Stocks lead about 6 to 8 months before the profit increase.
Reason for they discounted price is the sector and it's bottom on friday due to OE week. If you wanted in on one of the best Gold stocks in the world Friday was the buying day.
You can also buy when the price is jumping and that will be soon expecting a clear turn Monday and much higher prices.
Brains first target is 34