I see a pattern. Look at the daily short sales report. One can see one day of low short selling and one day of high short selling alternating in the last few days. Relative to the volume at 4pm, I can see a low day is about 18% and a high day is about 40%. The day typically starts with a high price and goes down to a low. Every pop at the middle gets sold off.
It is unfortunate but a mid-size miner is becoming a pure speculative stock just like one of those startups. It's a battle ground for shorts to attack hoping for a quick profit. We will have to wait until the July report for a clear direction.
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Last
$5.30 |
Change
0.020(0.38%) |
Mkt cap ! $4.013B |
Open | High | Low | Value | Volume |
$5.35 | $5.46 | $5.25 | $14.75M | 2.767M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1250 | $5.28 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.30 | 17764 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 400 | 5.280 |
1 | 3000 | 5.270 |
1 | 1900 | 5.250 |
1 | 200 | 5.240 |
1 | 1909 | 5.230 |
Price($) | Vol. | No. |
---|---|---|
5.330 | 29000 | 2 |
5.360 | 2000 | 1 |
5.390 | 1157 | 1 |
5.400 | 5000 | 1 |
5.420 | 5000 | 2 |
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