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Bullboard - Stock Discussion Forum Alio Gold Inc. T.ALO

"Alio Gold Inc is a gold mining company. It is engaged in exploration, development and production in Mexico. Its projects include San Francisco mine in Sonora, Mexico and the development stage Ana Paula project in Guerrero, Mexico."

TSX:ALO - Post Discussion

Alio Gold Inc. > why the pummeling
View:
Post by bobofet on Nov 21, 2017 2:21pm

why the pummeling

Why are we down over 6% today .. thats a big drop, is it all about downgrade by Raymond James,, I dont think so..     I must be honest I am getting a bit worried with this stock... I know the future is brighter and yet down over 6% today   and tax loss season just around the corner and  gold is actually higher today, could you imagine if it was down...   How far can we go down, we are now 50 % lower than our high not that long ago....   help me regain my perspective.    signed save me from my self...
Comment by Weeble on Nov 21, 2017 2:33pm
IMO, it has to do with the news coming out of TXG.
Comment by Goldhound3 on Nov 21, 2017 11:28pm
Cuz people are tired of waiting for the stock to rise..We have taken a 50% haircut and taxloss selling is just kicking in so we might even get hammered back to .30 or .35 cents or 3.00 bucks after the consolidation 
Comment by BASTILLEDAY4U on Nov 22, 2017 11:43am
I bought in yesterday, all the numbers look exceptional, > Cash and cash equivalents $ 48,464 (000) > Short-term investments $ 20,000 (000) > Total liabilities $ 30,636 (000) > Total equity $ 195,005(000) > nine months ended September 30, 2017 income for the period $ 14,751 (000) > low share count (38,282,580) > Ana Paula Proven & Probable Reserves 13.40 Mt @ 2.36 g/t ...more  
Comment by bobofet on Nov 22, 2017 12:36pm
Yes but  once again, down on a up day..... imagine if it was a down day....   signed  times must change
Comment by BASTILLEDAY4U on Nov 22, 2017 12:46pm
One should judge this by it's merits and not what the share price is doing. Example, the share price of Garbaldi has been surging in recent weeks, that does not make it a good investment as the bag holders have taken massive losses.
Comment by BASTILLEDAY4U on Nov 22, 2017 1:01pm
Tara Hassan's own words: "Theres little question that Alio Golds (CN:ALO) Ana Paula project is a gem of an asset."
Comment by bobofet on Nov 22, 2017 2:47pm
Some people gamble to make money, some invest to  make money.... truth is in the end it equals to getting money into your pocket.. the wondering now has to be when and if to buy or sell as the tax selling season is coming...  I try to keep the faith in Alio and put my cards into the future,,, but seeing days like these last couple and knowing that we are down 50% since our recent high ...more  
Comment by BASTILLEDAY4U on Nov 23, 2017 10:31am
Market Watch is showing this alo up 20 cents to $3.33 on the nyse, my rbc platform showing up 3 cents. The above information can not be correct.
Comment by BASTILLEDAY4U on Nov 23, 2017 12:08pm
Alio up 7.5 cents thus far, analyst's form opinions from a rear view mirror, that's why they get it right for a short period of time. I doubt the last analyst that expressed an opinion, even looked at the balance sheet.
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