Post by
Mack100 on Jun 23, 2024 6:50pm
A First?!
On Friday the price of gold went down, and yet BTO closed the day up!! I don't watch this stock every day (although I watch it far more closely than is good for my health), but I can't recall a previous day in months or maybe even years where BTO actually went up on a day when gold was down. I would say that when gold is up, even if substantially up, there is maybe a 50/50 chance that BTO will be inch into the green, but when gold is even, BTO is usually down, and when gold is down, BTO is way down, or at least down like 99% of the time. So maybe Friday represented some sort of miraculous turning point!!
Comment by
Singoa58 on Jun 24, 2024 9:45am
Lmao!!! 1.4 billion shares This miner is diluted
Comment by
Nicksonsnowboar on Jun 24, 2024 10:25am
No unfortunately, no change in direction at this time. Still greater possibility of more down side regardless of the price of gold. Can't break out of the lower channel.
Comment by
Singoa58 on Jun 24, 2024 11:56am
With 1.4 billion shares and reverse split coming .. its dead money till i say otherwise ladies
Comment by
Nicksonsnowboar on Jun 25, 2024 12:27pm
I'm sure people continuing to buy the dips are down well over 50% . Best to wait . Technically downside remains unlimited . Up days are shallow and down days are steep. Follow the trend and wait for a reversal . 4 years and counting of continual downside. No love here.
Comment by
Singoa58 on Jun 25, 2024 2:03pm
Averaging down on this spec. Junior Would of been disastrous with no bottom strong sell girls runnnnnnnn
Comment by
silverbaby on Jun 25, 2024 3:08pm
Lol, yes let's wait till it doubles then buy.