RE: RE: Big Trade Not me exgoldminer, have had my YNG shares in place for some time now, and glad of that ! I am not sure what was up Friday, I had family over for the week and watched it spareingly, except for I think Wed when it only traded something like 85k shares and then looked back Friday to see it as the 8th highest traded stock on the TSX at 3,840,558 shares.
The share price has gone up and down considerably and I am a bit surprised it didn't go higher on Friday but you have to consider how many people were willing to sell between the 31 and 34 cent range. Many could probably make considerable money selling at .34 cents, I know I could but am in to YNG for the long or $1 +
range.
I think we are looking at a decent Q3 in August and with the recent finished projects and deals we should be looking at good to good + in Q4. Besides that and as we know resources are being sapped. That probably accounts for yng trades as well ... things look bad and the first thing investors dump is resources, look at oil and gold .... when things look positive the first thing they buy back into is oil and gold ...
So ..... here is hoping for a prosperous week, even if I have to go back to work :-( and best of fortune to all !