Gold Resource Corp (GORO)

[GoldSilverMines]

Up in the morning, down in the afternoon.

Same pattern again and again and again.

Another 72,500 block of shares sold today at $ 3.20

Who's selling ? More important...WHY ?

The selling at around the $ 3.20 has now been too
much, for too long, not to mean something.

I am beginning to think that a common situation is
developing. Before a PP is done, shorting occurs at
a price much higher than the PP. Then, the stock gets
slammed, and, low and behold, a PP is announced at the
lower price.

What turns out to have happened was that the PP participants
sold the stock short at the higher price, and used the
difference between the short sale and the PP to actually
pay for most of the PP.

There is nothing else that can explain the constant supply
of stock at $ 3.20. A surprise drop is coming, and possibly
all of the way back to $ 2.