poor trading or capping, page-2

  1. 7,417 Posts.
    lightbulb Created with Sketch. 1603
    definately a capper IMO.
    The 2m order was designed to

    1. scare buyers off
    2. Increase the total on sell side

    It was quite obvious that had that seller not arrived, DRA would have been on peoples radar overnight and may have broken out tomorrow. Someone obviously doesn't want this to happen.

    Look at PRU, $500m market cap and they dont even produce, yes they have some 5m ounces, but when you compare DRA has 1.1m ounces and is a producer, should be 15c atleast going on PRU's pricing.

    DRA is very undervalued. That 2m order will not hold it back for long.

    9c close, we will get noticed tomorrow
 
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