I was long but now on the sidelines. This is about as ugly as I have seen a stock in years.
Probably not because it is not his money but someone else's. #$%$!
but we may be down another 9 or 10% today. These idiots in management have no clue!
Where is Papa? I don't get it.
it will not end well! We may wake up one day and gold will be up $500 to $1000 in one day. Plunge protection team is out of bullets and they will not accept these large sell orders on the Comex that fake the market out. They are going to break the Comex.
stimulus! They are in an emergency meeting right now. This world is falling apart as we speak!
I don't know about greatday but some of the most wealthiest people I know are very active traders
trades that large in a stock this small are all prearranged... That many shares are never up for sale on a stock like this.
$125 was a key price to move up to the next level. That was the high in January of 2015. So yes I believe she will break out from here. The problem we have is the plunge protection team led by the FED do not want gold to go up under any circumstances. You can see that by the fake gold they put up for sale at the Comex, large blocks to crash the price. The GLD was invented to control the price of gold so we got that going against us. There is no rational reason why gold is not well over $3000 by now. The whole world is in a negative interest rate mode and they can't get out of it. The EU may be on verge of breaking up and that will cause a run for safety so that will help the price of gold and US stocks for the short term. Friday's job report, if bad, could be another leg up for us. If we see a brutal jobs report again that would be very good for us. jmho
Cerus isn't in the Russell. I doubt it had anything to do with the rebalance
He does get really annoying. Must have his whole life savings betting on CERS. I will tell you something though.. There was some huge blocks that went through in the A/H... over 250k shares traded. We may get some news on Monday because you don't see that kind of activity here. I guess we will see
250k+ shares were bought. It was not an OEX day so something may be up. Maybe a buyout offer. I know it is not the company because they can't buy shares back in A/H. Very interesting trading!