RE:RE:This is GoodThis is how big funds buy stock and it's a very good thing, people here should be happy. They came in a bought up all the panic selling, cheaply, with a power bid. Then - and here's the "tell" as I did this for a living many years - they closed the stock on a big uptick high, so the shares the fund buyer accumulated all day "looks" nicely profitable. Forget "manipulation" its just business.
Means you can count on, at least, more accumulation on weakness, and perhaps, once this market tizzy flushes out all the weak goldbugs, they'll keep buying. Look at what the funds did to Kirkland Lake last year.