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Allied Nevada Gold Corp ANV



NYSEAM:ANV - Post by User

Comment by goldguy007on Jul 13, 2014 7:09pm
176 Views
Post# 22740787

RE:RE:Read This Before You Buy A Gold-Mining Stock

RE:RE:Read This Before You Buy A Gold-Mining Stockgoodday
I think that high volatility will be the norm for ANV for a long time.
Stocks with high short interest go through periods of heavy short covering on rallies and re-shorting when the rally stalls or gold declines.
I don't think this will prevent ANV from producing good leverage to POG if gold can start trending above approximately $1350.
goldguy

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