Even if you do not buy the negative arguments on GORO's business model and management, now does not look like the right time to buy the stock. Price action is really weak and short term MACD is about to roll over. You can bet that Halgarten and their crew are about to lay on a fresh round of heavy short positions. In fact, I can smell it. The only thing missing is another smear piece from IKN. It probably won't be missing for long and will be echoed on this thread by the obvious participant.
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