QuestionHow come G gets punished twice as hard comparing to GLG? Makes no sense. I told my Mom to buy G instead of GLG because I thought on days like today, GLG would sink harder because of PE ratio (not to mention that goldcorp management is tons better). Now I feel like an idiot.
I do know that short postiton on G is huge, but still....
Anyway, I was too of a chicken.hit to buy gold at these prices.... but my poor mom!!!