RE:RE:RE:RE:RE:RE:Rough Day for the CheerleadersLovesAU wrote: I owned some bought sub 5 after the Strathcona debacle. I have traded in and out of PVG and I buy a lot of call options. Today caught me totally off guard. I don't mind down days but taking a 9% haircut on 4.5 million volume means one of two things. Somebody knows something or somebody knows something. You don't unload a gold miner when the whole world is screaming for gold- the fundamentals are near perfect. We will see in a few days what the friends of Ovsenek found out today.
I disagree
LovesAU. I am not so sure that PVG dropped so hard because "Somebody knows something or somebody knows something." At this time evertything appears to be fundamentally sound for PVG. I have been an investor in PVG since 2010. There are many resons why PVG dropped so much in the last couple of days but the drop does not indicate any "bad news" is coming soon for PVG. Are you aware of the funny games the market markets play? Do you understand the details the progammers use in setting up their algorithms?