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Goldcorp Inc. Message Board

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  • mac_happy_70 mac_happy_70 Aug 2, 2005 3:19 AM Flag

    thx jc, sold cghi based on your post

    how in the heck do you do further DD. over 11 million shares traded today. it may well go the rest of the way to .60, but if that were the common thought process it would have traded above the highs of .45 today and it didnt. i had orders at .50 and went tothe market when it couldnt go much over 40. yes almost a double. i still dont like the gold market and the silver is suspect also. it is august. and i hate the goldcorp chart action today on a candlestick chart. 16.34 was objective and it closed lower than the open leaving a bearish candlestick pattern. but stock consultant has a closing price breakout at 16.29 so see what action brings tomorrow. 16.70 area next objective. what will really hurt is gold going down into the earnings report and after. short interest increasing significantly.

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