RE:RE:Options Expiration - Is that it?“Good point cre8value: All gold producers are down AEM-$1.13,ABX-$.27, G-$.61 DGC-$.73 it's all of them, not just LSG.”
I concede all the sector golds are down, but not even close to the magnitude for LSG at -16.6%, down to 36.5 cents today plus afterhours trade.
AEM -5.91% , ABX -4.16% ,G -3.78%, K -7.22%, ELD -7.74%, YRI -6.53% and IMG dropped from the TSX60 down a whooping -11.69% being de-indexed.
Was there anything that sold off more today? (27% since Thursday morning from 50)
And the “Taper Hold” is good for Gold, the sector and gold stocks? The POG is still up $26 from the FED announcement at $1326 even after todays sell-down.
As for “Option Expiry”. How can Options move the Stock Price that dramatically? (Was the big drop to 18 in July due to Fund Liquidation?…7M shares traded
Should’ve, would’ve, could’ve sold Thursday am for a nice profit, but didn’t pull the trigger thinking the Fed rally would last at least a couple days, maybe 3 or 4 days but not to be.
Cheers, Mark