interesting to see who sold this lot??.....local funds who bought in at ave 10?? or funds who has given up and took a loss??
This NY based fund is gambling with bigger money than you and I are doing and probably have another couple of billions on the side line not like us or some of us up to the limit with margin....LOL
The difference is not only in the capital but these people are not concerned with 20 to 30 cents move everyday like the rest of us here following NCM every single tick and minutes.....LOL......why didnt they buy in at 9 bucks??? that would have given them 4 bucks profit already??
Just interesting thought which means ZERO till all of us make profit.......they must believe gold will be higher and obviously not concerned that gold is down already by almost 3%
Cheers,
NCM Price at posting:
$13.10 Sentiment: Buy Disclosure: Held