NCM 0.00% $23.35 newcrest mining limited

Got to wonder why the sudden moves up,,,,remember the battle at...

  1. 13,146 Posts.
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    Got to wonder why the sudden moves up,,,,remember the battle at 31.50, 1.5Hours and over one million shares,,,,,short positions reported indicate alot was going on here,,,that was on top of the battle at 33.10 in which for almost 6 hours traders placed bets for up and down.......looks like some are covering before 34.10 given the expectation of gold to move up, casuing big problems for the people who decided to smash NCM down from 31.50 two weeks ago,,,lots of XT and SXIT going through so some instos and funds are scambling.....25.4M traded in under one hour indicates its going to be a good day for NCM....

    Gold over 950 and copper up helps as well, short positions out in T-10
 
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