how did they know in advance ?- insiders blabbing ?the volumes are really low for ELD trading, perfect for shorting when there are gaps, follow the volume - sometimes 10 minutes without a trade. If there is a big gap coming up they short , its that easy. From gap to gap the stock falls. The big investors are too busy while the market is down protecting what they have, they are not buying. it will come back. A weekend is good. probably up monday because the fundamentals for gold and ELD dont justify this behaviour. Stocks never stay in irrational territory.
What bothers me the most this week, by far, is that investors knew on Thursday that results were mixed. they knew because of the beating it took during the day before the results were published. would someone to tell me how come they know the results in advance, percentage wise the stock was down at least double the others, it was not a usual pattern and I have ALL gold stocks on my screen and ELD was alone falling by far so much more than the others. Why dont regulators, their police investigate this, I am tired of investors finding out before everyone else.Please explain how this happens.