RED 0.00% 34.5¢ red 5 limited

I think the driving of price down by bots is just something some...

  1. 5,374 Posts.
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    I think the driving of price down by bots is just something some like to believe when their investment is going south. If buyers were there and wanted shares there is really no way of stopping them buying. Bot trading surely is some insto either selling down or buying up a large position, nothing more nothing less. The relentless fashion they have been doing it seems to show they desperately want in/out, question is which. Surely no one truly knows what POG will do but it seems hard to believe the way thiz company has performed so far that anyone urgently wants in. If gold were to fall to 1300 oz and they somehow meet guidance of 75,000 oz then inckuding the 20-30 mil they plan to spend this year they will be lucky to break even.
 
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