lIKE i WROTE BEFORE THE ANNOUNCEMENT THE "WORLD IS MOVING ON" WHILE WE WRITE TEXTS..
How that works ?>
(and place texts saying relation GOLD X AuSSIE drop X% is daily management not m,edium term view
As soon the share is completly smashed(that is our case),the funds all around the world make decisions and authorize the agents buy.. They begin buy very smooth..
Why ?
Imagine if just today just one fund manager decides buy 10,000,000 shares (means 5 milion US dollar what to this fund is absolutely a ruibbish money)
But if just one come to "buy" he moves the entire share 20,30 or maybe 40 cents up .. They begin buy and nobody see..
But comes a second fund, a thir
Nobody see,but we open 0.59, 0.60,0.61,0.62 than we drop again break 0.56 to 0.55 than we come back to 0.56 and so on..
As soon the "sell" side comes to exaustion,just remian the buyers (without sellers)... than the funds dont rush to buy,but small investors yes.. and in less than 1 week we see 20 to 25% up (like 4 to 6% a day).. Magic ? from 0.55 25% brings the share back to 0.68 still a completly smashed share,but if reversed the trend the natural market (help by gold price) put the share back on the track
Cato
SLR Price at posting:
56.5¢ Sentiment: Buy Disclosure: Held
