MCO
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0.00% 11.0¢ morning star gold n.l.

this gold co. up again on a down day, page-2

  1. hippo567
    979 Posts.
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    19/08/11
    10:51
    Post #: 8844616
    I get the impression a goldie going up on an overall market down day is a bad sign actually.

    My guess is large buyers use a general market fall as an excuse to smash up the price of stock they want to accumulate, and leave other stocks alone, which are bought by general retail buyers, hence the rise.
    MCO Price at posting: 26.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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