FiendishRedbeard you have no skin in the game so it is easy to talk a stock down.
Yesterday's drop was the result of strategic high speed momentum trades driving the price down. There were 1,296 trades for 2.2 million shares and 300 of those trades were CXXT (a cross trade that has occurred at the current midpoint price). A dead give away for auto computer trades.
Apart from the shorts at 28.4 million (ASIC number) the only other reason I think to keep the price down is to make the margin greater when GOR price explodes. I believe it has been suppressed for long enough below Goldfields price of 86 cents and there are at least 2 others that are obviously buying because the price has reached 81 cents already.
Find more gold GOR.
Keep the Faith
Gold Investors Unite
FiendishRedbeard you have no skin in the game so it is easy to...
-
- There are more pages in this discussion • 312 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GOR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.78 |
Change
0.025(1.43%) |
Mkt cap ! $1.922B | |||
| Open | High | Low | Value | Volume |
| $1.79 | $1.82 | $1.78 | $6.846M | 3.818M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 71628 | $1.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.78 | 4887 | 1 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| GOR (ASX) Chart |