but is it too late to short? i don't see any upside move for a while, and we may hit new lows in coming weeks. too many negative news against gold miner stocks.
Sentiment: Strong Sell
Makes more sense to short mining companies on the day they report bad news. This seems to become a zero risk short if you short at open, as negative news seems to sink them a good 30 percent before they have any sort of rebound.
Shorting ANV at this time in this climate is risky. Gold is going to be in vogue sooner than later