RE: Buy On Monday Sell On FridayIt looks to me that the big rush is quieting down now. I would not be too surprised to see some pull back as the traders unload their profits and move on to the next hot stock. I agree that the price did go up too fast. I think my jaw hit the floor on Wednesday when I saw that we were up 25% at one point. I would much rather have nice steady growth of a just few percent a week over several months than a big spike. But overall it's a good problem to have.
Long term I think we will see some accumulation by investors over the next month or two, then see another run up for the next quarter. My theory on the unsold 8000 ozs is that they plan on piling it into the next quarter. If they were able to put some of the production costs into the last quarter; then take 2 months @ 12500 oz and 8000 oz from July, we could see 41000 oz for the quarter which should make for some good numbers.
All IMHO
GLTA