You're prob. shorting this thing and just talking up a mistake that you've already made. How could you not see the advantages to buying ABX. Here are a few reasons to buy:
- Solid growth track record
- Numerous acquisitions that have been successfully integrated into the company
- Largest gold producer in the world - a hot sector
- ABX operates in POLITICALLY STABLE parts of the world.
- When the Chinese start knocking on our door to collect our national debt and inflation is through the roof, you will regret not having gold exposure.
- Guidance is fantastic and it looks like ABX will finally release its reserves and stop this hedging BS for now.
- Although the company has moved slowly in the past, it's MACD is VERY bullish and I think we're heading to 36-37 within a week or two.
If you need more reasons, I work as an analyst and I can keep going... Take care, ignore the idiot comments and instead educate yourself about this relatively discovered but growing profit machine.
I have been called idiot quiet a few times without any reason or explanations. Well, let me tell you, this idiot owns AUY instead of ABX and is up 50% YTD against your 10%. Now if you can't even beat the price of the metal, what do I need ABX for. You keep holding smart boys.
if you don't own it, then why are you on here you frickin moron.
next, you are frickin shameless to knock/bash abx after the report. absolutely letting your stupidity fly high.
I said in 2005 that abx would go over 30 and gold over 600.
I said abx would not go to 25 and idiots like you gave me crap. did it? No, you moron!
I said gold would retest its recent highs in 2006 and abx would go to 40...and it is moving that way.
it was a great day. i don't let my dog post here and she has far more brains than you, so go back to drueling and jerking yourself.
people like you are just so stupid and free speech gives you the ability to demonstrate it to all... and if you didn't check, dumbass, abx reported AFTER the close, so after market is up, but only 37 cents. todays move was BEFORE the report. you frickin waste of tissue
It is already up 4.01 % for the day (including AH)...and the market still has to open tomorow..LOL!
And don't forget ABX doesn't trade much in AH,the same like all other multi-market platform traded equities...
Stop the whining and buy, or if you are short (dumb)good luck covering...