NOVO and the GOLD Cycle
I know that NOVO, right now, looks like Fullys back yard but can it really be going into its own bear market if the PMs are starting to move up in earnest?
Or, is this Mr. Novo Market’s last gasp before turning up fooling everyone?
Enquiring minds want to know.
Everyone seems to be stumped on this. What looked good yesterday is turning into the Grinch Who Stole Christmas.
Insiders bought Oct/Nov about 1.4 million shares @ $8 give or take? I’m waiting this one out. Just like poker sometimes it’s worth it to see the river and sometimes you go bust.
I think KL bought in at $3 range?
What are TA followers price targets? Any body else got a price call on this one? IMO KL doesn’t throw tens of millions at a smoke and mirrors operation, but maybe they do?
I have also observed that, often, to get a big move up, a big move down seems to have to precede it. That may be the case here along with all the tax evasion stratagems in play until year end.
http://incakolanews.blogspot.com/search?q=NVO.V&max-results=20&by-date=true
Moar Novo BBQ