RE:RE:RE:RE:My short term projection for Eldorado goldMany institutional investors, although I don't know the specifics regarding ELD/ELO investors, have structural rules concerning minimum share prices and whether or not shares pay a dividend. In the past year Eldorado shares have both stopped paying a dividend, and as we all know too well, plummeted in price. I suggest that some of the selling may be due to these rules as opposed to being a result of performance analysis. It seems likely the these rules would be applied over time as adverse conditions persist, rather that as some sort of mechanical trip-wire approach.
goldsucks said: "Explanation needed, Institutional investors seem to be unhappy with Eld dumping it left and right,unhappy with performance, yet when it came to vote they voted over 90% in favor of every point presented including outrages $7.3mil. CEO salary. WTF? "