100% agree with you surfer2... the fact that the DOW got a hammering, will make some people in the position to sell their shares in RAU, if they bought @10c+ imo.. But the thing is the dow has been in the red all week, and RAU share buyers ignored that... That obviously tells you that people are seeing RAU as a cheap share even at current prices, weather the DOW is up or down...
BAD days on wall st = RAU goes down, people accumulate, then RAU rockets up again, just like it did, when people thought it was going to back track majorly, 8c to 7c back up to 9c...
GOOD days on wall st = i guess normal buying and selling, overall trend going up...
ALL in all - RAU going steadily up with a few slumps along the way which is healthy, just like the one we witnessed late Friday.... Some day traders exiting on already good profits, or people fearful for holding them over the weekend after buying @10c+, or wanting to free up some cash to further invest on Monday....
BIG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
