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Alias Born 10/30/2009

Re: None

Tuesday, 11/09/2010 11:12:46 AM

Tuesday, November 09, 2010 11:12:46 AM

Post# of 102667
Its pretty simple to see whats going on here really. There are alot of people in this under 1 penny so they are taking profits. The other gold plays did this too. If you look at daily charts you see they ran for a couple of days, then dropped back, then ran again for 3 or 4 days to some nice highs. I think this is just retracing as we drop off some people who have made fat profits and once they are all out it trends back up to higher highs, then it will stall and happen again. Its how it works, no stock goes strait up, if it does it usually comes strait down again. In a way this can be healthy as long as it starts the trend back up once those investors are out. As long as there is interest in the stock it will trend up over time.
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