Interesting to see on Monday if there is going to be some kind of ann re a change in share holding, it looked that some big trade have crossed and this was not retailers.
This was between 2 instos...or more.....meant almost nothing, one side decided it is time to take profit some believe like the longs here that NCM will continue higher. Could be some foreign funds.
Yesterday there was some big number in short covering, so some shorters got burnt.......
unfortunately tonight there is profit taking in gold already.........will there will new shorters on NCM on monday......probably, lets see if GOLD will break 1400 again in a frew days.
Cheers,
NCM Price at posting:
$13.10 Sentiment: Buy Disclosure: Held