RE:RE:I sold today
I am reading all these SELL messages on TMM and yet they do not make much sence to me.
Despite some of the facts and reasons for a SELL sound logical .... stocks and their prices behave just seldomly very logical.
Here I just see a chart, which is Bullish (still) and not yet broken ...
I see Gold trying to go up (and not down): looking at the lowest outflow from Gold ETF in July in the year.
Seeing political troubles, unfortunately every day more and more places on the world.
Seeing gold miners going out of business at current gold prices.
They I see TMM with profitable quarters in the last few years.
Then reading: "Cash and cash equivalents at June 30, 2014 were $56.0 million"
I just struggle to see "right now" an obvious case for a SELL.
Maybe I overlooked someting .. like "possible predictions on possible lower gold prices which will lead lead to a possible loss. Possibly one day".
I am fine with it - and possibly I will re-think the above, when it then unfolds (not now).