Watched a talking head.............. out of New York on BNN. He was very bearish on gold and has shorted 3 gold stocks, Eldorado being one of them. He sees this going to $5.00. I have owned ELD during this past year and have made some successful trades, especially during the seasonal period.
I want to get back in but the price of gold is really volatile right now and sentiment sucks. I think momentum will carry gold and ELD (as well as other gold compamies) still lower. If the talking head is correct however, the risk/reward will be too great to pass up.