NCM 0.00% $23.35 newcrest mining limited

Today's trading is exactly why you need very very thick...

  1. 3,185 Posts.
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    Today's trading is exactly why you need very very thick skin to trade NCM as a retail investor folks. POG roaring and approaching 12 monthly highs and NCM gets sold down like they just excavated through an aboriginal burial ground. Pfft. The big boys (fundies and investment banks) manipulate the jacobs off this stock on a daily basis and make millions doing it. All u need is 10s of millions of $ and a little patience. The movements in the SP over the past few months have been extreme from $26 odd down to $21.5 on no news and a reasonably strong POG. But that's what you get with NCM. Bought quite low so happy to sit back and watch them play their short term money making games. It's all part of the market these days. GLTAH. DYOR.
 
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