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I am keeping my powder dry to heavy defend MA50 at 152CAD (89p). There was 6M shorts opened below that level and these are now desperate to close at as little loss as possible. Delusional traders but hey ho, you win some, you loose some.
Sketchy on Gold now - bit of a CRIMEX dump in play but who knows - have to keep an eye on it ...
1.00 READY TO GO SOON?
Thanks 78RPM
I got 20k invested in these bad boys with a average of 0.98p so feeling loads happier with the recent rise in gold & PUR. I was never going to sell as I believe in PUR & my target was & still is £1.80 plus, I’m happy holding & waiting as the bigger picture unfolds.
Hold onto your hats chaps - we may have just locked in a mid-90s low here and I'm eyeing c160p if that proves to be the case.
Well done Trek. Picked up another 20k myself in the 78's so I am happy too.
Morning :)
Gold really pushing right now @ $1,870 - who knows what happens next - could drop $100, could go up $600.
Worth holding on at that ratio I'd suggest :)
Gotcha! 10615 at the bell! Below TSX close. Now watch it drop!
Trek
Shorts closing, remember a number 1 trade is taking the ****...a 2 trade is its going down the craaper !
In all I am a lot more positive about the company and I always keep an eye out on the Canadian exchange, trickier than a box of monkeys that lot !
Crazy day yesterday, volume x3 on no news. Classic action for shorts desperate to close hence MMs code 1s (I need shares badly) followed by fishing trip to higher levels to get some. We might get more days like that, hope so! GLA.
HiTom111 , Canadian CEO.ca web site has similar chat board for PUR PGM, all ways worth sticking your head around the door of that chat room across the pond they are close to the action and some ref to shorts on there.
lse report no shorts
BTC is the new gold...are you guys watching that crypto free fall?
Got a bet on BTCDOWN, will be more than happy to bring profits here! Huge profits that is lol.
Yep, shorted, some 10M in total on CAD and US exchanges. Last one to close is the sucker - that's the new game here lol
All things being equal we should be over 100 this week
Is this been shorted then
7.8% up. Shorts running?
Looks like 100 is an easy target here, too easy.
Up 6% in Canada