We are pouring gold and the price is going down. I might have started it. I was desperate on Tuesday and sold without looking at the gold pour announcement.
After noticing the announcement, and with little expectation of success, I placed an order to buy back my once loved cgt shares. And this morning my order was filled and I made a small profit on the deal. Go figure.
The only explanation I have is that everyone has cold feet and is cashing up.
Any other suggestions?
CGT Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held