Post by
Mack100 on Jul 28, 2023 11:03am
Hmmmmm...
So somebody on this board was saying that it's all about the "algos" with this stock - when news is bad for gold, the stock is shorted, there are all sorts of sell orders driving it down, etc. I certainly have noticed a prett close correlation between daily gold prices and BTO's price (and don't get me started on that - what kind of a way is that to invest?!) but take today for example - gold is up, the market in general is up, interest rate hikes are slowing...and BTO is down. So are there any geniuses on the baord who can explain that? All I know is that we have a fabulous mine being built up north, and ever since Mcleod and his team baled on its SBB Shareholders and handed the reins over to BTO, BTO has been dropping, even though gold is doing very well overall.
Comment by
tootall123 on Jul 28, 2023 12:19pm
Stop looking at just one stock(BTO) cause most all of the gold stocks have performed the same as BTO the past year. Do some homework and stop your crying and check all of the gold stocks chart for the past one year and you will see the same patern.... GOLD IS KING....
Comment by
BlindMouser on Jul 28, 2023 12:27pm
There is definitely a pattern I can see. It's called Tunnel VIsion and Blind Bias. Keep it up toots, very entertaining in a trainwreck/car crash sort of way.
Comment by
tootall123 on Jul 28, 2023 12:29pm
This is a good site and you can click on the one year chart and you will see the same one year patern with most all gold stocks for the past one year......GOLD IS KING.. https://money.tmx.com/en/quote/AEM
Comment by
BlindMouser on Jul 28, 2023 3:26pm
Toots is obviously a mindless AUI bot. (Artificial UnIntelligence)