Lots of sells!! (yes!! ok!! if you say so!!)08 Aug 2020 09:22
Our group paid '''5.50''' & '''5.525''' & '''5.545''' literally 'all day long' We think anything below ''5.50'' could have been a genuine ''SELL'' as we could not obtain a ''BUY'' at that price all day long.
It is so basic!! All that is required is to place a dummy ''buy/sell'' within your ''live broker account'' to obtain the correct ''buy and sell'' price. To solely relie on this site for actual trades will only 'confuse' and lead you to the 'wrong conclusions'. Although it is useful for 'volume' numbers. It actually appears to have been a fairly large 'buyers' day to end the week!!
We are now beginning to speculate if '''AAU''' might provide a '''SOLG''' movement (SOLG = from 4.00 to 46.00 in a matter of 26 weeks or so!!)
''Chablis to Champagne'' in quick ''order'' if this were to become the ''case''.....!!
3 Bagger Day (if she holds!) Nearly time for an early 'Chablis Grand Cru' after increasing recently increasing our position size (a risky strategy we know!) Fortune favours the brave (and all of that!)
A very sad state of affairs here, especially when it involves our House of Lords! Distasteful to say the lease.
We have seen success in AAU (Ariana Resources) It is in the Gold sector, so different to here, but Gold is performing strongly You might like to check them out - Currently Mining, Producing, Selling and Exploring TODAY !!!
Yes, this caught our attention as well. Was not expecting anything on 'Salinbas' till way after the new 'Partner/JV' formally announced. Very, very interesting.
Wonder what on earth the new 'resource estimate' will be. It does rather sound as though this new partner has gone back in there with more than a fine tooth comb and come up with something newsworthy/unexpected.
(Don't forget to ''Reduce''your position because of all those ''posted sells''! So funny !!)
Yes, we are buying. Maybe tad too much! Time will tell!
It is a risky strategy. It's called ''Averaging up'' on a rising SP price (not for the faint-hearted at times I can tell you!!) But 'statistically' far safer than those 'Averaging-Down' plays!
If you think investors/traders are 'really' selling - based on the recorded trades - and you are uncomfortable or worried, maybe a good idea to reduce your position to a safe level related to your portfolio, or close completely.
This is just one of many gold and silver options currently in play, so it's not like it's the only ''game'' in town right now!
Thank you for making us laugh today. Anyway, it's nearly ''Chablis'' time.