Hedgies don't day trade dummy. They're betting on gov release of the GSEs. Thats when the real profit comes.
Unlike previous articles. This time it involves factual earning report. There shouldn't be any major dump. The company manages to generate a decent net income without the revenues from previous settlements. Even without fb and linkin settlements, the PPS is easily $2 imho. Let's see
It's illegal for gov to keep this company after they paid off the bail out amount. They have to be released back to the market. The question is how?
Did you read my previous simplistic opinion (not an analysis)? I said gold price was at 30 days low, it was bound to bounce. Actually I did a technical and fundamental analysis prior to putting my $30k on GORO. I lied. I was just trying to share the wealth with everyone by posting here.
If a 10% gainer is a loser. What do you call a shorty who's running for a cover and took a major beating on his portfolio?
FYI: I'm done talking....GLTA
Precisely my point, all your variables are numbers.
GORO is not a SELL at $5.40, but a 10% gain in few days is good enough. There is other stocks with a higher upside potential. Besides, successful investing requires a good discipline. My "guess", GORO could hit mid $6 within 3 months.
Next year the future is brighter. We can talk again this time this year and see how this stock is performing.
Natasha, Most of your analysis are grossly flawed. You're living in your own world of numbers. There are many variables that are missing from your calculations which is why you value NFLX at $100.
I don't have time to explain. Back to GORO. You bashed me when I bought GORO at 4.90. I had set the sale price at $5.40 which been triggered today. Well, the spike I predicted did occur.
Another thing, the whole precious metal industry is hammered, don't take credit for foreseeing the decline of GORO. It's laughable.
U.S. was supposed to be the main market thus the $25 M milestone payment to PSDV. There is still a chance for Illuvien will pass FDA but it may take another year. Unless we hear great news on Euro sales, I don't see this share going to $4 for the next year as North Capital projected.
I will observe for an entry point or a shorting opportunity.
RIght now it's just too unpredictable.
I agree, I expected 8% rise. I'd take my 4% profit to cease discussion with arrogant & irrational analyst wannabe anyday
"As least you're no longer trying to claim that a change in CEO and CFO is "No change". That was funny."
I NEVER SAID THIS LYING SHORTY
What about 2 weeks? I'm not Long either. It is obvious you like to jump to conclusions based on assumptions. GL with your attempt to depress GORO's price. I'm out
I agree. I have checked the fundamentals. Nothing scary. The only uncertainties are the new leaders and global gold price.