Post by
gold_diggers1 on Jun 19, 2022 11:50am
Another So Quiet episode...
Is it because of this "Sell Sell Sell" mentality that caused a drop of close to 20% after hitting a high of $4.07 ?
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All the experts out there, will YGR drop back down below $3.00? Time to buy? Still a takeover target?
.
GLTA
Comment by
Hungus on Jun 19, 2022 1:28pm
Well... YGR was still a buy at $4.07, even more so now. Irrational market place, is all this is. (Or possibly the shorts still putting up a fight). There is no good reason for a profitable company with a positive future outlook to be sold for less than its tangible book value. Not ever! Especially when it's in a hot sector and with so much good news on the way.
Comment by
cfliesser on Jun 19, 2022 1:35pm
Once the announce production numbers this will be over 4$ for sure. Will see May #s in a week or so. If May is good this is a no brainer.
Comment by
kavern23 on Jun 21, 2022 4:58pm
I am hoping to get it any day now....usually by the 18th of the month....late. I will post as soon as I get er.
Comment by
kavern23 on Jun 22, 2022 12:41pm
The shorts are making an attack today...
Comment by
EntngledOutlier on Jun 22, 2022 12:54pm
Of course they are... I'm curious as to what they hope to achieve... it isn't like they can beat it down to a buck.. so what is their long term play?
Comment by
gold_diggers1 on Jun 22, 2022 10:41pm
. Shorts have no long term play. They have short term plays. They will cover when there's a chance?! All they hope for is that oil price stays down. . GLTA
Comment by
gold_diggers1 on Jun 22, 2022 10:37pm
. Given the talk of rising interest rates to curb high inflation that might lead to economic slowdown which could then dampen the demand for oil... could it also be because people who had bought in the $1-$2 range was taking gains off the table?? . GLTA
Comment by
gold_diggers1 on Jun 23, 2022 11:38am
. Well, well, well, have you got any? The selling is relentless?! . GLTA