Post by
gocougs on Jan 05, 2021 1:20pm
technically
stock broke thru 3 year downtrend line yesterday on volume a close above $2.50 targets $3.50 then $5.36 keep your eye on Mene any close above .70 for MENEF would be new all time high
Comment by
Infirstmoney on Jan 05, 2021 2:33pm
Based on very conservative estimates, XAU could trade closer to $5.00 or $6.00, based on them just hitting the very low end of their Q4 expectations. Very cheap multiple as well. Great balance sheet, plus they continue to add to their balance sheet by holding gold directly. And adding to their amount every month.
Comment by
michaelstl on Jan 06, 2021 9:41am
Doesn't Goldmoney have a digital type platform already developed whereas adding crypto trading probably would be possible. They would then offer a full spectrum of holding assets for their clients?
Comment by
Infirstmoney on Jan 05, 2021 2:37pm
MENE seems to be consolidating before making a move up. Their Q4 will be very strong. Plus, they will be starting a pre-order system. Vastly improving their already strong margins. MENE is over a $1.00 stock in back end of Q1. Once they launch this new inventory and order system.