NCM 0.00% $23.35 newcrest mining limited

getting smashed now, page-8

  1. 2,602 Posts.
    lenroc

    "The NCM Calls are being savaged right now and I pity the poor soul who bought 400,000 NCM at $37.20 before the open today.

    Gold fever can make you blind I guess.

    I agree with others that $45 is "the first target" for NCM..."


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    COMMENT

    Why would you pity someone who potentially could make $8 per share?

    The guy who bought 400K units certainly hasn't done it to scalp 10-20 cents, right? When one decides to invest $15M in a company surely it would be mid to long term investment, not a T3 or a day trade.

    That's a nice 21% return.

    Where do I sign?

 
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