Consolidation
I am not new to this site and although I never post, I always read.
Having owned and traded YRI for 5 years, I have made my fair share of money. I trade no more.
While very range bound and consolidating, I traded G when it was 13-16 , ABX when it was 22-26 and IMG when it was $8-10.
I made my money on many trades, but at one point I missed the boat when I failed to say no more to trade and time to HOLD.
I wish I had held them as they frustrated and bored me at times as they consolidated before their big and permanent moves to the upside and the shorts lost interest.
If you look at the chart for YRI, despite traders and shorts, at least from my perspective,the past year or so there is less volitility and actually more of a period of sideways consolidation, all the while always trading with 2-3 million shares.
Why so much volume?, well the traders do what they, do but every time I see high volume for prolonged period of time, the stock always eventually move up big time; ie BBD.b, UUU. The list is long.
As the value builds, so does our frustration. That is because we know we have a winner and we want to be paid for recognizing it. We all know this thing is going to make the big move, but when.
A large move up will be the reward for those who hold, recognizing the obvious, and having the wisdom to be patient enough to wait. Where else in this sector is their better value?
I know that the value is compelling, our logic is well supported and I feel that I should stay invested and trade afar.
As far as their IR, I have made 2 attempts to communicate with Lisa and in both cases she spent well over 15 minutes to speak with me, a mere private investor.