Hunt Gold Corporation (HGLC)

[live2trade]

That would be right if there was a gap but there was no gap it started at .006 this am which was in line with the close from the previous day. The stock went up on news that came after the open, it then proceeded up but could not hold the level, so retraced back down and held, it went down further near the close after confirmation email was sent out panic sellers were already in force. The stock pulled back to the open price and went up .0005 on the day not much but still up. I personally believe that the company is not satisfied with where the price is and is trying to get buyers involved to get the price up to better levels and confirming that they are indeed going to be buying back shares. I also believe that if and I say if because you have to be 100% positive that the company will follow through on promises. That being said, if the company follows through in the upcoming days and starts buying back shares as stated, today's sell off the high was just pressure from sellers. I do own the stock and will continue to hold because HGLC owns FFGO so the sell of the asset and repurchase of shares from FFGO is only a transaction from one of the owned companies to another (Alan Santini- who is CEO)




Monster Day Traders: http://investorshub.advfn.com/boards/board.asp?board_id=12265