High River Gold Mines Ltd HRIVF

RE: RE: RE: Today's sellers

[cjsell]

Selling by Morgan was deliberate, I looked at both the timing and velocity of selling orders and they were definitely forcing the price down, hundreds of trades for less than 500 shares between Morgan and Anonymous.  On the other hand buyers (IMO) were waiting to buy at a lower price.  They can't keep selling forever, especially in light of the fact that we are going into a good period for gold. There will be pullbacks, but I believe we will keep marching forward, maybe not this week or this month, but by Y/E I think we will be a double from here.  

Just ask yourself, does the P/E and turnaround story match the current stock price?  I say no, was it merely profit taking, for some yes. 

CJ