RE:RE:I said 56cPiperdown wrote:
You got knocked out like Bob Barker. You only missed by a penny, don't beat yourself up too much. Have a beer or 20, it is Friday. What do you make of the action this week 99999gold. Yes it was a good week, but not great. Especially with gold up over $50 in the last two trading days. I have to admit the bids are building and stacking up beautifully. But I remember a day back not too far back when TGZ ran 20% in one day and I missed it. I am in now and waiting for that day. Why is it being held back from taking off??? With gold up big and the news being out that they are debt free and produced over 70,000 ozs, you would think the sp would want to fly. Is there something wrong??The volume is decent, but lots of selling every damn penny increase!!! Plus we haven't had a decent gap up day yet!!! What is your view??
it has room to run but percentage wise it may still lag its peers - semafo may have a 5 handle before this reaches even 70c but the key here is and not to state the obvious is gold to either hold 1200 or shoot up to 1300+. then I can actually see it hitting its 200 dma - if volume reaches 15m next week it'll get there.
ask who bought that 56m shares before xmas - all that needs to be dumped back out there that's why you're seeing a lot of action but once it gets spread around we should see the ponzi in all its glory - the market makers will start selling on low vol while getting bid up on large vol - it's a f**king ponzi scheme or tulips....