AQG 0.00% $9.40 alacer gold corp.

Maybe the quarterly results weren't good enough for traders who...

  1. 1,559 Posts.
    Maybe the quarterly results weren't good enough for traders who were betting on a better report. These guys are purely short term oriented. They will neither wait for the next quarter nor have a look at the story in a broader context. They are after the quick buck and once they don't get it they press the exit button and move on.

    Today is the first day that we can see the selling pressure ease. Should it return, I'd be tempted to believe there was more to the story than just disappointed traders. Other possibilities (planned takeover, etc.) would come to mind. In this context one should keep in mind that just recently Alacer director Ms. Stephanie Unwin became a director of Integra, too.
 
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