RE:RE:big volume todayHorrific. If gold does bad next week and it looks like it'll make a run for $ 1300 at this pace...
Then this is crossing $ 1.50 USD then 100 % sure.
Too close to the $ 1.50 USD technical level at $ 1.57 USD. Will definitely touch. This will be shorted down pending Earnings.
I would only expect an uptick towards end of February by short covering as Earnings approach...just in case of an upside surprise.
This stock has killed people lately. I should have gotten out end of December while it was still over $ 3.25 CAD and taken a decent loss then, but be done with this.
Everyone learned a lesson here. Horrible management & execution...the # 1 drivers of share price destruction.
JIN
goldminer01 wrote: Shorts and algos at work with big assist by bad Company reports and plunging markets.