They report earnings in week, so this would prohibited from buying or selling until after earnings. They had brought earlier, and I would guess we will see them buying again.
Interesting to see gold and silver down today, and miners are even or positive.
we are days away from some black swan event that will sink stocks and see gold and silver soar.
Either ISIS or Putin or Iran or North Korea or some computer hacker that brings down apples ecosystem or even the stock markets.
= solid earnings from AUY and other gold miners
If the economy is truly growing, why wouldn't demand for platinum and palladium be increasing? If demand is increasing, then prices should be increasing as well. The daily drops in these two metals are sending conflicting messages to what the gov't wants us to believe.
The funding came from the insiders. They spent over 1/2 million buying shares of this buying at .10 , i doubt they would do this if they thought it was going belly up. It is a lottery ticket, and you could win or lose, just like any penny stock.
they have to talk it down to cover, and then they have options on calls to benefit from the price increase. Win win for them
So have you sold 17million shares? Lazarus just bought some more, what can they see that you don't? Think they need a tax write off and are using SVBL? Or do they know something that you and I don't?
It is one thing to say interest rates will go up, but another to raise interest rates, when your gov't debt is is so high that a 1% -2% interest rate hike could almost send us to insolvency.
It was getting too pricey for them, so they downgrade the stock to give them opportunity to buy more before it goes to $11, and then they raise it to outperform.
Insider buying at 10.50 ish in nov. trading at half at book value, and yet on an up day for metals, it goes down.
are the insiders stupid, or just patient?
I guess a buck move upward means they liked the earnings. It didn't hurt that silver went up today as well.