Why would you tie GOR to the DOW or Virus. GOR has continued gold extraction and pouring even ramping it up to achieve nameplate. Many other companies can be scrutinised as being affected by virus or profit times time to recover. In my view a good you try and keep as good to hold and a soso company you try and discard for as much as you can if need running money. A soso now will take as long as the virus takes plus a bit to recover. GOR and GOLD with micro & macro economics is well placed to enjoy the one of only a few sectors now enjoying good profits (huge margins with low oil) and open ended for even more profit rises. I think Monday retails in red, but at start of week there is optimism and funds and wiser & bigger on the prowl for good ones. GOR is one of the good ones. The market will not be the driver of GOR, the GOR driver will be the sector and the sectors driver will be Profit, Profits driver will be many components as oil, gold price, lowest costs, and lowest components are driven by the macros as virus, gold supply, printing money, safe haven, end of quarter. The required cash flow required by some as sellers will be balanced to buyers of shares, the good ones will go up in value. Profit of traders is when they sell and now low and if wanting back in the hope for profit is getting back in lower. A lot of news this April for GOR any out could be a higher in or someone else may have your gain whilst you wait and wait for lower. A real risk in the huge mega traders in going lower all the time with their lowered pressure is in trading confidence now at record lows. The funds holders will soon be the only ones left in the markets (&maybe gov monies) and if destroyed they will be the only ones destroying each other and any recovery as why would retail investors choose to be devalued & manipulated again and again. The funds returns this quarter with record losses on indices could already be costly & embarrassing for their holders. Do funds managers want to bite their nose to spite their face. The GOR has been repressed by a major holder's supervisor that has been let by his supervisor(s) to be adverse to all in GOR share (fund) value adding so who knows??? Be good in macro for the ones in power to have more intelligence.
- Forums
- ASX - By Stock
- Some perspective.
Why would you tie GOR to the DOW or Virus. GOR has continued...
-
-
- There are more pages in this discussion • 100 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOR (ASX) to my watchlist
|
|||||
Last
$1.78 |
Change
0.000(0.00%) |
Mkt cap ! $1.922B |
Open | High | Low | Value | Volume |
$1.78 | $1.80 | $1.77 | $4.729M | 2.658M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6254 | $1.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.78 | 43956 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 483 | 1.805 |
1 | 50 | 1.790 |
2 | 6254 | 1.770 |
1 | 5754 | 1.765 |
2 | 8668 | 1.760 |
Price($) | Vol. | No. |
---|---|---|
1.720 | 96 | 1 |
1.750 | 3500 | 1 |
1.770 | 505 | 2 |
1.775 | 5754 | 1 |
1.780 | 5754 | 1 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
Featured News
GOR (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online