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Accumulation. Be patient.
Well, feeling a LITTLE better after today. Good day, hope to see 5 more of these next week! Have a great weekend everyone!
Mining (and junior mining) sector just got an upbeat mention on Street Signs. At least we're getting noticed-
You know. Profit takers obviously. Seriously... WTH is going on?
This is amazing. I'm sure that 12 million more shares were sold 15-20 cents off the 55 month low.
WTF
I hope so. I guess it's just a bit tough to watch NUGT fly all day long and this POS just sit there and get beaten back with a broom every time there's any sort of momentum. All of the mining stocks were great today. Except this one. And they're all the ones that have been down 5% over the past 2 weeks, not 25%. So they're back to good, and this thing doesn't move. I just don't get it.
Ridiculous. That's all I can say at this point. Inexplicable is another word that you can substitute with ridiculous.
NUGT looking strong. Lots of buying today... Thanks for postings that link btw, I couldn't find it last night.
Honestly, I haven't heard anything. I tried watching it via the Internet on BNN's website, and I couldn't get past the advertisements, and I haven't seen any news. Last time I checked was around 10pm est, and I'm assuming if I haven't seen anything yet, there couldn't have been anything too terribly important. I dunno??
Whoever's shoulder that is definitely leaning to one side. I hope he raises his hand. Lol
Very true. Waiting to see if anything comes of this little BNN appearance by our CEO. T-minus 7 minutes.
I think that we're finally seeing capitulation though. Of course, I thought that around $9, then $8, then $7. But in all honesty, I think we unfortunately all got caught looking for a normal bounce and they just beat it to death. I really feel that when this does go, it's gonna GO. China isn't helping, conflict in Mali isn't helping, but this thing is trading where it was in FEB/MAR of 2009. I'm pretty sure gold wasn't 1600. And I'm also pretty sure that they didn't have a billion in cash. So, whenever this thing gets done getting the shit kicked out of it, it realistically should go back up just as quickly. I'm still just as irritated as you and everyone else, but even with all this bad news it shouldn't be trading this low.
Short ratio is 0.6. I'm not exactly sure how that's configured, but I know it's really really low- I guess we'll find out, huh?
Was a bargain 3.00 ago.
Unfortunately loving the company is still losing everyone money. And almost inexplicably. How do you have a company with these financials, the ridiculously low PE, the cash, etc...??? Because of the risk? Pretty sure that was priced in around 10.00-12.00 range. This is manipulation at its finest. Pure bulls@"t, if you ask me- and what does everyone keep doing for all the MM's who have had this short since 20+? They keep selling their shares. They'll take it as low as they can if everyone keeps getting scared out. Geez people, this isn't some garbage penny stock that's pumped all day on paper- real deal. Real money. Real company with real (and very good) earnings. Stop selling already. Ugh!
Yeah this is to the point of ridiculous. I guess we'll see what happens.
Hi guys. I just called the SEC. The woman I spoke with looked at the stock and had all of the same questions that we all do as far as why this thing is getting beaten down so badly. She said there's enough there to pass along to the market watchers. Not sure what that means, but I'm pretty sure this is WAAAAYYYY overdone.
You know what's nice? When your CFO comes out and says 2/3 of the market cap is liquid :)
Seems to be the pattern with the exception of yesterday. Let it fly for 5 minutes and beat it to death for the rest of the day. I'm in at a 9.11 avg (ouch) but patiently waiting-