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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Stephen O who wrote (14)8/17/2003 8:36:47 PM
From: Andrew  Read Replies (3) | Respond to of 29622
 
BGO

stockcharts.com[w,a]dacayyay[pd20,2!b50][vc60][iLa12,26,9!Lh14,3]&pref=G

stockcharts.com[w,a]wacayyay[pd20,2!b50][vc60][iLa12,26,9!Lh14,3]&pref=G

chart.bigcharts.com

This is looking overbought short term and I'm thinking I should sell.

Longer term the monthly chart on this bloated pig looks good and it should reach 4$ easy. The volume has been massive, 34 million shares on Thursday, more than 10% of the float. I wonder if the appetite for this stock will subside this week.

Outside of gold breaking out over 370 this week this stock should pull back short term.

Funny how no one likes to admit they like it yet it has been one of the most heavily traded stocks in Canada recently.

Also more drill results are coming and they have been outstanding thus far. Looks like a multimillion ounce deposit. Considering political risk and the number of outstanding shares however it has likely been priced in. Oh well fundamental schmundamental.

Selling is so much harder than buying.