Thu, Jul 31, 2014, 12:11 AM EDT - U.S. Markets open in 9 hrs 19 mins

Recent

% | $
Click the to save as a favorite.

AngloGold Ashanti Ltd. Message Board

inggolfer 1 post  |  Last Activity: May 7, 2014 12:35 AM Member since: Aug 30, 2007
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • Reply to

    curious price action

    by feckman May 6, 2014 10:26 AM
    inggolfer inggolfer May 7, 2014 12:35 AM Flag

    I have a rather large position and I was disappointed in price action today although I largely think it was the broader market sell-off. I'm not sure what yesterday's big block sell was late in the day however what was noteworthy yesterday was the preliminary tariffs on many country's imports of GOES. This is huge news for AK and the U.S. steel industry and I think why the stock rallied pre-market. Given the stock is trading well off it's 52 week high, positive catalyst in import tariffs, magnetration in Q3, and a huge short interest I'm holding as I believe downside is limited.

    Sentiment: Buy

AU
17.78-0.27(-1.50%)Jul 30 4:02 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.