The calm before the stormThere does not seem to be many willing to sell their shares at this level, as evident by the very low volume. With the price of PM’s making new multi-year highs, I can’t see EXM staying down at these prices much longer.
Most of the PM plays that I follow were either down or flat yesterday. Many companies had press releases yesterday and they were met with a collective yawn.
It’s only a matter of time before we’re all rewarded.
This next run could be quite explosive.
I have a feeling that the old adage, “Sell in May and go away” will not apply in 2006!!!
Ivana