Originally posted by Nordesmic
Thank You for your posts over the years.
Van Eck earns a return on the increment in the funds net assets so it must place a value on GOR shares prior to spending $90 million + in one day.If it did not it may be paying above the appropriate value for the GOR shares. To infer that Van Eck merely invests in GOR to achieve a percent weight of their portfolio makes Van Eck sound like a Monty Python group of rubber stamping dodos.Van Eck are skilled, manipulative and greedy money managers and are there to make profits.
The average closing price for the last week was $1.725 so I say the constant jostling by Van Eck to manage the GOR sp drew about 53 million shares out of hiding and the $1.70 trade was pretty close to the mark of the average $1.725.
I do not invest with Van Eck because I pick special stocks like GOR . GO GOR.
To suggest that Van ECK has no view of the value of GOR is an insult to all of our intelligences.
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Last
$1.74 |
Change
0.000(0.00%) |
Mkt cap ! $1.880B |
Open | High | Low | Value | Volume |
$1.75 | $1.77 | $1.73 | $7.107M | 4.075M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 97081 | $1.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.74 | 9411 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 97081 | 1.730 |
2 | 44861 | 1.725 |
1 | 10000 | 1.720 |
2 | 6091 | 1.715 |
2 | 23604 | 1.710 |
Price($) | Vol. | No. |
---|---|---|
1.740 | 9411 | 1 |
1.745 | 28985 | 2 |
1.750 | 54238 | 4 |
1.755 | 60063 | 5 |
1.760 | 75254 | 5 |
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