RE: Major Move TodayI've noticed that when Cambior moves, it tends to be erratic. Since it's a gold producer it generally follows the overall trend of the XAU or HUI indexes. On Friday these indexes were significantly up. When that happens probably all the short-covering kicks-in and then sooner or later the exact opposite occurs.
Looking at CBJ or IMG and a few other gold-stocks, they seem ideal for short-term traders but more difficult for longs like myself, unless one is sure of the trend. Right now the trend seems to be upwards, so hopefully this will last for a little while. In my opinion CBJ appears to be undervalued compared with its peers, so I'm optimistic (holding gold-stocks, one has to be an optimist!!!).