RE:Relentless Selling Explained
Hi TT2,
I think it's been confirmed there is no significant shorting going on. When i last posted, the shorts on EDV have gone down from 3M to 2M - Nov to Jan. Numbers not significant anyway. If looking at the chart i linked to, perhaps it's a Nov/Dec 2018 scenario. largely out of sync but snap back up to the gdx within a month or two.
My gut hunch is they overpaid. I'll stick by that and from day 1 i said this is the first time the merger/takeover posters have loved the deal. every other deal EDV did was met with hostile retail shareholders (including myself with the original EET deal) - screaming and yelling they have been ripped off. not this one - and it was a big one.
absolutely nothing but gains if gold stays >??? I am concerned that everything gold is being priced at a much lower level. time will tell. time to let things settle with EDV - too much as occurred during the last 12 months. optimize what they have. optimize the appeal to funds.
tC