NCM 0.00% $23.35 newcrest mining limited

half yearly accounts eps crashed 50plus pc yoy, page-39

  1. mtl
    655 Posts.
    pay no attention to downramping on gold and gold stocks GHT

    what we are seeing is a classic flushout by big interests who are short or underinvested in this sector

    the tell is the volume-less declines that are manic and dramatic in nature and designed to trigger downside stops in order to force over leveraged players to puke out their gold and gold shares in a maelstrom of emotional over reaction


    the fundamentals for gold and gold shares are intact and even improving

    cut all margins so that you can't be forced to sell and you will be fine
 
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