It is now becoming self fullfilling, and no doubt shorts are having a huge party and there will be more downgrades from big brokers till it hits 12 or lower.
Unfortunately the reality is NCM close to 12 and right or wrong the truth is the price.
It is becoming irrational and their cost and price of gold of 1200 it is still profitable for them so how long this thinking will last......no one knows and it may go on for a long time, fundamental is certainly not there.
Sentiment as usual rules......till another reality hits.
Cheers,
It is now becoming self fullfilling, and no doubt shorts are...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)