Alio Gold Inc. T.ALO

Went bottom fishing here today

[Czicfwillgetermit]

Seems oversold, seems like capitulation may be near and  seems like it should not be that hard for brass to meet or beat expectations.   Tight stops and will be gone a few pennies below todays low.   I do not expect anything but games from brass to flush out loyal retail.   Just like when former ceo bagbrain declared san fran mine would need to close because they didnt know how to get more than .53 off the pad and maybe it was a supervision problem.   He fell on his sword and miraculously they found more and better grade gold.  Ended up being an 8 bagger off lows.     I suspect the same game here.   We will see

[2fast4uI]

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[Goldhound3]

You should have held off as we keep making new 52 week lows week after week.. Maybe they pound it down to a buck and then get a take out offer of 2 bucks like what happened to Lakeshore gold... Lost a lot of cash on that one to.. Every shareholder here must be under water now and if nothing changes in the next 5 months wait till tax season kicks in as there will be mass selling.. There is no

[auburn2]

Compact market cap, good net cash position, attractive portfolio. There's a lot that can go right here to multiply the market cap severalfold with relative ease. Management says they're focused on free cash flow generation. How many gold juniors can say that?

[Goldhound3]

I understand what your saying but have you seen what the shareprice and chart looks like ever since new Management took over...

[Czicfwillgetermit]

Those are valid points and as of now Im up a couple pennies. I wont be here long if the slide continues.   I expect a bounce but this stock very well may be in a bear trend.  All the juniors are lottery tickets, trying to handicap them with common sense is a fools errand.   They are all owned by insiders and hedge funds trying to shake retail from their money and when they decide