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Bullboard - Stock Discussion Forum Viacom Inc. VIAB

Viacom is a global media company with several leading cable network properties, including Nickelodeon, MTV, BET, Comedy Central, VH1, CMT, and Paramount. Viacom has also built several online properties on the strength of these brands. Viacom's Paramount Pictures produces original motion pictures and owns a library of 2,500 films, including the Godfather and Transformers series. Viacom was spun... see more

NDAQ:VIAB - Post Discussion

Viacom Inc. > How Much of This is Due to POG?
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Post by PIB04 on Sep 01, 2005 5:52pm

How Much of This is Due to POG?

Gold was up quite substantially today so how much of the rise in VIA and AZM were just a reaction to the POG? Consider these percentage movers today in some gold stocks: SWG +2.67% BFD +1.59% LRR -7.04% AZM +6.59% VIA +6.47% This has to mean something, don't you think? PIB
Comment by BNPUN on Sep 01, 2005 9:05pm
Goldcorp was up 5% today.
Comment by paperperson on Sep 02, 2005 12:52am
virginia is a great stock. but don't read too much into the percentage move on one day. this was just a great day for many precious metals stocks. examples: goldcorp up 4.8% bear creek up 12-13 percent kinross up 8 percent. regards paperperson
Comment by PIB04 on Sep 02, 2005 9:05am
but don't read too much into the percentage move on one day. You are, of course, right in this regard. However, I avoided names like Kinross and Goldcorp for a reason. I wanted to compare what was happening in somewhat similar stocks that I am a little familiar with. If other juniors have a considerably smaller move than VIA and AZM, it suggests to me that there must be other factors in ...more  
Comment by ChuLai70 on Sep 02, 2005 10:00am
Cardero CDU(TSX.V)/CDY(Amex) up 8% plus yesterday and higher again this morning on news of securing drill permits for the Allisitos joint venture with Anglo American (huge IOCG potential in Mexico).
Comment by BNPUN on Sep 03, 2005 1:15am
You might also want to keep an eye on FMM. They are drilling right now and any "hits" will cause the stock to soar. It's pushing up against resistance around .70. Once it gets above that, the momentum players will jump on board.
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