i'm out of SBGL in 2 tranches today. one at $2.81 and the next at $2.83, both same number of shares. i'm betting on a possible downside reversal coming.. still holding some LMI shares.
if 940 breaks then i think its a quick dash to c.970
GBP/USD not been this low since sept. last year. since buying SBGL the currency drop will have paid for my currency fees of 1%.
SBGL - $3 is today's target if SGL gets to 970.. if not i'd be happy with $2.92.
i bought a wee 6000 shares today at 57.38p. i had that as my target entry and pleased i got it today. i think a retest of 57p is on the cards tomorrow. if that doesn't hold then maybe 50p is next stop.
so much for the expected RNS then eh.. or maybe one is coming US open time? not long to wait.
USD on a tear today. putting pressure on alot of commodity stocks inc. oil.