TSXV:AUN.H - Post by User
Post by
ACESoveron May 02, 2012 9:52am
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Post# 19860746
What was Monday all about?
What was Monday all about? ITG was on a buying spree in the last few minutes on Monday and popped the price a dime to $1.05. As soon as Cookie posted it wasn't going below a buck again, I knew he had given AUN the kiss of death.Actually it wasn't Cookie's call it is typical of the whole resource sector. As soon as there is any momentum there is amost an instant reversal as the short term traders take out their profits and the big shorters do their dance. I really don't care for rollbacks but until AUN can get better control of those shares these wild swings will be the norm.
ACE$.