NCM
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0.00% $23.35 newcrest mining limited

Understand your frustration GHT - however my comments 22/8 at...

  1. goldmick
    524 Posts.
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    23/08/11
    10:47
    Post #: 8858895
    Understand your frustration GHT - however my comments 22/8 at 12.59 remain relevant
    ""We also have OE this Thursday and biggish open interest fron 40.25 to 41.10 - so no doubt NCM will be subject to its usual manipulative price control that happens each and every month leading into OE.""

    Look for big short covering from Friday onwards - don't forget 2.3m shares shorted Friday and I suspect a similar amount shorted yesterday.
    NCM Price at posting: $40.98 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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