Either someone is putting on the mother of all shorts....what do they know????????
Or a large holder is getting out......what do they know????
I don't like seeing stocks behave like this, especially gold stocks with a $14 move in gold to the upside, and especially before major earnings announcements. It just does not feel right.
Am I being paranoid?
I also believe gold has much further to run before the next backtrack. Are we going to see NCM share price fall again?
Call me conspiritorial but I had to let some of my holding go today. (probably what someone is trying to achieve). It just does not smell right
NCM Price at posting:
$37.33 Sentiment: None Disclosure: Held