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Gold/Mining/Energy : Royal Oak-RYO -- Ignore unavailable to you. Want to Upgrade?


To: mineman who wrote (830)3/26/1998 12:36:00 PM
From: Eric Freeman  Respond to of 1706
 
I would not pay attention to this unless you are day trading - the XAU is looking to break out of its 5 month trading range. When the trades have settled out and people who are long term investors start looking for leverage in the gold stocks RYO is going to move up.(IMO) Meanwhile a number of people are trading RYO off its lows. Give it a little time - if you want a sustained rise. It is good to let the short term positions get taken out at a profit and put the stock into long term stronger hands. Looks very good to me.

Eric