New Found Gold Corp V.NFG

Gold action

[Retiredgeo]

Why are our beloved gold stocks sinking when Gold is rising??

In my opinion it all boils down to different investors.  Central banks are driving gold higher to diverse away from the US dollar.  Retailers are selling gold stocks in anticipation of high interest rates for longer.  At some point in time the retailers are going to wake up and follow the lead of the central banks ... but not today!

[1condor]

Again another confirmation that the stock is stuck in the 4 to 5 dollar trading range. Traders can do very well with a range like that. Enjoy.

[nozzpack]

Trade station data continues to show wolf pack wash trading accounting for about 60% of the volumes traded . This pattern of price containment has been used by the shorts for several years. It cannot be evaded except by major development moves that bring aboard sustained and much larger volumes  Management , if they know their market...and you'd have to be dumb not to..would have taken

[unclebobby]

Drill results should move this up quickly 

[Evenkeel123]

Yup, every time news is released she move alright.  LOL.  You're an observant fellow, eh? EK

[Dixiedee]

What a lame statement all the gold stocks are down today didn't you say the trade was at 3.25 buy and 3.75/sell which It never got to . Iam hoping for 4.50 so I can load up some more it's just a matter of time before the huge gap at 5.19 to 6.20 gets filled either on news drill results or the strength of gold it got to 5.19 on last run upwards either way it's a buy in my opinion