NCM 0.00% $23.35 newcrest mining limited

its not the bottom yet...we will probably see $22.10 or lower...

  1. 473 Posts.
    its not the bottom yet...

    we will probably see $22.10 or lower intraday, and then a rebound back up....

    the market is clearly selling on the back of the rumours that the quarterly report will stink, so when it is announced on Thursday you will see all the shorts (including me) take profit and bid the company back up again...

    long term, the doube top at $27 won't hold, and this stock is destined to go to $31.

    another play which appears to have insiders buying is GIR... worth a look for those who have funds to speculate with
 
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Currently unlisted public company.

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