GREY:EORBF - Post by User
Comment by
Value1008on Mar 05, 2013 3:59pm
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Post# 21082083
RE: RE: PDAC impressions
RE: RE: PDAC impressions Good post, Jailtrader. I'm seeing names on the USA big board like PVG (Pretium) with "superstar" mgmt down in low $7s today after being in $13s-$14s last year; silver producer AUN knocked down from a recent 1.20s level to 0.71. This is just the swing of the pendulum to extreme levels. A 6-month chart shows ORT at an RSI of low 20s. That's insanely "oversold." Big boys who "take 'em down" will "move 'em back up" at the "appointed time."
So today is buying opportunity, imo.
Good support on chart from May last year here in 1.55-1.60 level.