GoGold Resources Inc T.GGD

Metals steady, GGD down

[oilisswell]

More "profit taking"? Seems like the summer doldrums are settling in with volatility the norm. Traders trying to sell ahead of the heat of summer, and buyers lowering the bids.


1

  Level ll Quote

Bid			Ask
Price	Total Size	# of Orders	Price	Total Size	# of Orders
$3.14	3100	15	$3.15	1200	4
$3.13	6200	9	$3.16	6400	9
$3.12	10000	9	$3.17	16300	9
$3.11	10800	5	$3.18	4500	6
$3.10	16600	7	$3.19	5000	5
$3.09	900	2	$3.20	1100	4
$3.08	100	1	$3.21	900	3
$3.07	100	1	$3.22	900	3
$3.06	1200	3	$3.23	200	2
$3.05	600	2	$3.24	100

Last:

3.15

Change:

-0.11

Volume:

340,821

Last Trade:

12:27

[becker123456789]

Buying back in at these prices bought 65k shares today at various prices . Story is still great but selling on peaks and buying on dips. Gotta love those great drill results that keep rolling in.

[ErinBrockovich]

This post has been removed in accordance with Community Policy

[becker123456789]

This post has been removed in accordance with Community Policy

[tsoprano24]

It's possible that the market makers were short from the big days of volume when it hit highs. After getting put into index the index funds needed stock and MMS no doubt shorted to help out. And now they are walking it down to cover. Profitably no doubt. But, reality will set in again soon, imo.  T

[oilisswell]

Very plausible as there was no reason for a 5% drop today. 1.2 million shares traded in canada on a steady decline. Of course, it can't possibly be manipulation, can it? Hopefully GGD will continue with weekly drill results, including this Wednesday. As you say, with the huge volumes of late, this has a certain "smell" to it. With the volatility of late, it isn't too difficult