Post by
PreciousMetals1 on May 14, 2015 10:29am
Point of Reference
On March 11th gold closed at 1153.90, it's lowest level in the past 6 months.
TMM closed at 0.85.
So now the price of gold is up $73 from that day and TMM is down 0.09.
The numbers speak for themselves. It's not me bashing the stock just stating the facts.
pdcon1, please stop talking about gold as the motivator for this stock. You should be focused on the fundamentals of the company. That is why the stock is down. Investors are not interested or impressed with the NES acquisition.
A great stock has been driven into the ground. So sad really.
Comment by
intowin on May 14, 2015 11:00am
You can throw fundimenals out the window. It's no longer about that in these markets. Barclays is currently holding the price down. It's all about HFTs. When they and others deside it's time to let it run. You will second guess your reasons. In the mean time it is forming a solid base. Go long or go home I say. Good luck.
Comment by
pdcon1 on May 14, 2015 11:08am
Barclays is selling tmm shares to themselves for what reason .
Comment by
intowin on May 14, 2015 11:28am
That way the don't give up their shares, while keeping the price down by hitting the bid on a steady basis. Other shareholders get impatient and sell giving Barclays even more shares. When they get their fill they'll let it run. They've been doing this for days now.
Comment by
intowin on May 14, 2015 9:06pm
No conspiracy here my friend. It's estimated that 80% of trades today are done via HFT's. Just look at the last trades of the day. Barclays doesn't have to sell to themselves, The program is set up to sell into the bid constantly throughout the day. Get with the times, educate yourself somemore.
Comment by
pjpcan on May 14, 2015 9:51pm
Please explain "when they get their fill they''ll let it run".