Dont forget that some of us who bought last week were sitting on a 50% profit today.
50% in 4 days is remarkable in this market environment.
That is the sort of figure I look to sell some of my holdings on in such a short period of time.
Your arguement as to why they sold today down to 33 cents was just as valid when the price was .225 4 days ago.
It was the bot that destroyed the price that day and (I pressume) its been the same mob that have been buying heavily the last few days having scared/scamed a few people out of their shares.
A short term problem I see is a price drop when the 1st gold pour is announced.
These same manipulators that pumped the price up recently may well sell into the announcement when the spike occurs.
It will be interesting to see what happens.
Sometimes you have to trade short term spikes but as I said going forward 1-2 years there is little doubt where we will be
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