TA........PUSH - PULL on TUD . Is TUD being shorted going into tax loss season to flush every last dog out? or do we rebuild here and get back over $1.40? MM's never like to buy pricy shares when they can flush you .. cover a short, scoop the cheapies and run it higher than before... Thus the numbers to me are the tell tale. I am fine with yesterdays $1.05 for a pull of that prior run to $1.42 ...
The chartist out there will tell you we are fine to date and the chart remains in tact.. The important part here is we hold that 1.05 and we push out 1.44..Currently it appears shorts have put a wall up at 1.13 lets see if this is a flush tactic or if it breaks and we go higher...
A break below $1.05 in my books spells breakdown.. If we can build these higher lows we can rebuild the chart and with GOLD rebuilding hopefully at the same time the new year holds promise... Great drill results combined with higher Gold prices and we very well may get back to that 3$ range pre-PEA and see some smiles return to the faces of those that have been punished for holding onto the dream...
Wish us well and let's see how the cookie crumbles.. If it does break down that is all part and parcel of the Big Fish using their deep pockets to mess with us, but means little to nothing about the resource we have.. What it does do is delay the inevitable runup.. Sadly all too often great plays are held down to tame Longs hopes and then when a buyer comes along they scoop the company for a song... We can only hope this doesn't happen here.
LONG on AMK...
Long on Treaty Creek .............