Here's Amadeus, a guy, followed by a black cloud wherever he goes.
Northern trending charts take an immediate southward dive when he gets in.
Personal fights on message boards find him at the center.
Knows nothing about mining and even less about financial statements and accounting.
Yet the only self imposed duty that he can cling to in order to give himself some degree of self worth is his biweekly "cutting and pasting" of the short interest data.
Every two weeks the audience draws to an anticipating hush, the curtain rises, and out walks Amadeus onto the stage, into the spotlight, filled with faux self confidence, to perform another of his "cut and paste" etudes.
But alas, today poor Amadeus, hitched to that black cloud, decides to improvise at the last minute, goes off-script, and with a few Math calculations, he tumbles headfirst into the orchestra pit.
Over on the Private Board today Amadeus cut and pasted data, but made the mistake of ad-libbing what should have been basic Math which proved clearly beyond his ability.
He told you that:
"Over the last 6 reporting periods (12 weeks) the short count has decreased by over 33%."
Unfortunately for him and for the lemmings over there who did not bother to notice, a move from 5,869,950 to 4,478,954 is a drop of 24% and not "over 33%".
The music teacher and the house painter. That's quite a leadership group captaining the SS Private Board. It appears math mistakes are the norm over there as Barry Klein continues to BS his fellow board believers almost daily with inaccuracies and horrible TA. I am also enjoying their macro discussion of metals pricing. As with GORO, they refuse to acknowledge the broken trend in PMs as prices are collapsing. These guys are so heavily over weighted in the PM sector and it will turn ugly over there sooner than they believe.
The PM prices don't really matter for GORO. GORO has very little PM. As much as I bash gold stocks, I am still long GLD that I bought during the first week of the ETF trading when it was in the 40's. I still believe that GLD has one last super surge that will shock everyone. Who knows. But this selloff in PM's will flush out all the garbage companies: GORO, RBY, MUX, TRX, JAG, etc.
You get a gold star, Engy. You found a mistake in my numbers. You must be very proud of yourself. After all, you dedicated 5 whole paragraphs to the matter. BTW, you might suggest to Fluff to post something akin on the private board. After all, you guys know each other so well.