Timmins Gold Corp T.TMM

Capitalizing volatility

[auburn2]

When we saw that there was heavy selling pressure in spite of the strong POG, which just kept going, we should have understood then that soemthing was off. If a stock isn't behaving right against excellent fundamentals, as the underlying commodity continues to rise, then the thing to do 90% of the time is take the positon to cash. What do you think of that?
TMM is the best place in the sector to me it would have been pleasant to exit at 53 cents and be one of the lone wolves aggressively taking everything offered at 48.5. Selling strength and blue skies and buying fear and blood is a good way to magnify your returns. Now if instead of dropping from 53 TMM reversed and started going again, with the rest of the sector, you'd have to pay a little more to get back your position, but I think that would be the exception, not rule.
Feel free to share your thoughts. We're always learning.

[bobofet]

Timmins is a stock that behaves strangely  even on good news,  have seen it time  and time again... some say its the outstanding warrants... I say yes  partly.....but today the market was down.... on the  nyse  side though  Timmins was basically even.... and on Canadian side down over 5%.   And yes Timmins is a stock that the big boys love to play.. buy

[auburn2]

Down 7.1% in NY: https://www.stockwatch.com/Quote/Detail.aspx?symbol=TGD&region=U

[bobofet]

Sorry  looked at wrong day...... my bad ... but everything else stands..... signed  oops....