RE:RE:RE:RE:RE:RE:RE:RE:The Midas Letterbionicjoe wrote: IMO, management dropped the ball in releasing the PR when they did. The sp was on a roll (much to the relief of the retail folks) by Wed and potentially would have hit mid 10's yesterday with an eye on low $11's today if the rally continued. All the momentum was cut short with the PR. No thought given to the retail investor.
it was overbought & was itching for a pullback. The news was a catalyst & accelerated the drop. As far as I’m concerned this is a good thing & shows confidence from the corporate financing world. I think it will reverse real soon.