Replies to post #22682 on GOLDBUGS AMEX Goldbugs Index (GOLD)

[eik]

That's one reason. It's traded below the offering price $3.44 (C$3.3). It should bounce above 50 DMA (3.44). There is a gap: 3.5-3.6. If it goes to the bottom of tocotuga's channel: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61717573 ~ 3, I will add another lot. Stop is right below 3. I believe/hope the offer related selloff is almost over.