Hey Guys - I have found with mining stocks and results - that usually if the company announces a duster- which in essence is what this was today - it will get punished until they come up with a definite good result- A lot that trade these things know what they are looking at- so often they wait for good results to get in-
I have just highlighted on the chart what happened when they announced the last lot of underwhelming results - sideways no bounce- and then vertical with the VMS excitement potential Only to get belted again....
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- Day Traders After Market Lounge 15th March
Day Traders After Market Lounge 15th March, page-61
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