big morning gap up that totally sells off with massive volume. Do the big boys know something we don't and pumped it up so they could get out on a high note before Monday.
even with the news this morning I see no reason for this back forth volume. This is insane!
If there is any anticipation of good news on Monday I would think this would start to turn around by days end.
All I did was pick a direction LOL!! Isn't that what you're suppose to do! Look.. this will go to 3 however you will see a short covering spike to 3.35 possibly before and it will be short lived. This will sit at 3 or below until some catalyst comes out. I bought 5000 shares of GERN yesterday and should of sold at the open it looks. #$%$ just can't win here.
My next post will be when this goes below 3 and starts to work its way through the 2's. There is no support at all here because the massive spike back this summer was from short covering then they just shorted it again. Supports are only formed with buying activity. You have NO buying activity at all here. I will be back to congratulate you all for riding this down into the two's. Lucky for you all you are long term "investors". LOL You're gonna need it.
As I said this is going to 3 and will be lucky if it holds 3. No one wants this company at any price. Its garbage and will be no more in less then six months. Management will take what little money they have left and will close the doors. I sold my shares and hold no more. You all keep holding on and watch your holdings go down every day....I for one can not. Those who converted are now losing money on those shares they got. Once again a scam. These guys are corrupt and are sucking what they can from here before they flush it.
all that is needed is short covering here to get this going. With so much negative on gold here and everywhere else tells me to be short here is the wrong place to be. It will take some time to get it moving but I think it will.
chump he is. He is just here to annoy and needs attention. I hate that #$%$/white trash talk. he is not the first I have seen on boards and thinks he is original and funny. I bet he has tattoos too. Cool guy he is.
Funny..so you invest in companies that lose money year after year and needs to do offerings to raise money to stay alive?? A short tem investment is all this company is worth. You should be embarrassed to admit you have invested here when we have a market that is on a run with so many other companies who's stocks are up 50% this year at least. You "invested here" Have you looked at the EPS here...LOL!! you kill me!
If so many of you are so down on gold what are you doing here all day long. I think you're scared. Do you all think you know what is really going on??? Every post here is negative on gold. Are you all right? that would be the first time on a message board that you would be. Look the market is going sub 1500o and this will rebound for the next month or so. It will not be a long term trend but all that are short will lose. Most of you who are short here are too late to the party. you will see DOW 14800.
This market is going to test 14800 once again. Downward momentum has just started.