Replies to post #211 on Teranga Gold Corporation (fka TGCDF)

[ConferredDiligence]

T, Technical analysis is MEANINGLESS IN A TOTALLY MANIPULATED, RIGGED MARKET, that should be elementary! Why is this so difficult for people to comprehend, that is a bygone era when historical data and fundamentals mattered, synonymous to GAAP accounting compared to the new normal, NON-GAAP accounting implemented in 2009 that has allowed, buy backs and marginal corporate earnings to consistently beat, resulting in an 18,000 Dow. All that matters is what the fed and central banks say and do. HFT computers rule the markets on fed speak and rumors, while technical analysis is part of the equation, these all in T/A guys are dinosaurs.

[geodan]

Hi T, Court Approval-No had not read yet. It comes across as scammy. He can be wrong 5 times in a row, then on 6th be right and claim he was right, when in reality he was 80% wrong.

Gold is within 2-3% or so of a multiyear high right now and he has been negative for 6 months. He has been wrong.

BRIEF-Teranga Gold's scheme of arrangement with Gryphon receives court approval
REUTERS 3:17 AM ET 9/28/2016

Teranga is back on 50dma, has bounced the last 5 times from it.


And for the record, Teranga is up over 100% in those 6 months!!! and my 3rd biggest position.