Loading ...NEVER MIND THE HYPE : MIND THE CHARTOLOGY …Updated post with in your face links….I Told You So !
NOVO….a complete pump job which has caught many Bugs and trapped them.
No sugar coating this one…If one paid attention to the Chartology more so than the Hype …one sold at circa $7
Horror story of the year …BUT…Lovely Symmetry !
Previous Warnings Went Unheeded ? Who’s going to listen to FGC…He’s a permabear ! 🙂
https://goldtadise.com/?p=417502
https://goldtadise.com/?p=419134
https://goldtadise.com/?p=419283
Fully Disclosure …I escaped unscathed but bruised after making 100% paper Profits and giving all of it back
I just went back in the pool yesterday…back out AGAIN 10% lighter
WHAT DID you DO ?
DID YOU SCREW UP ?
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TENT POLL :(From Dec 21 …Still active)
Will You Buy The Dips in NOVO ?
I woulnd’t touch this F^&*N thing with a 10 foot pole (40%, 60 Votes)
Maybe.. if it dips a little more as I see it rebounding to a double top (20%, 30 Votes)
No I have enough and just holding for higher prices yet (19%, 28 Votes)
Yes and if it dips a little more….i’ll buy a little more (12%, 18 Votes)
Hell Yes with both hands (6%, 9 Votes)
I Sold already and did very well…buying a Lambo …screw Gold (3%, 4 Votes)
I Sold already and made a Fortune…Plowing it into Gold (1%, 1 Votes)
Total Voters: 150
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THEN THERE IS this…
A recent darling held up well thru the bear…Chartology all good …then BOOM….Trap Door , No warning !
FGC – not a good “plug” for Chartology – especially since Rambus still holds as a “long-term” holding – I would remove this post or reword it as a warning about PVG’s chart breakdown only
Rambus has about 50 positions…. 47 are Green ( most VERY)…. and 3 red….this is the reddest….even the maestro can make a mistake….the NOVO chart stands as a testament to chartology discipline.
I made this chart yesterday – I am in NSRPF at $1.95 FYI in a very modest position – had added at $4.5 and sold that for a small profit on the way back down.
http://stockcharts.com/h-sc/ui?s=NVO.V&p=D&yr=0&mn=8&dy=0&id=p01635778158&a=564378008
I tried at about 1.80 and bailed at 1.78
Its not 1:80 yet Steins ( Perhaps the pink sheets)
Sorry, 3.80 and bailed at 3.75
Congrats on getting out Sir Steins
Gruesome
Maybe you can add Blk.ax, massive dilution, same about Rpm. NEVER invest in single mine producers going into production.
I made approximately 40% in less than 6 months with Rio Alto mining in 2010. Great little company, management & asset, was bought out by someone else as I recall.
Check out FSM Fortuna silver–Bull wedge?
Exactly! PVG was a great speculation with bonanza grade ores!
$6.25 gap fill will happen.
Eventually.
Jay Taylor just called this a buying opportunity. He believes Quinton Henningh(ceo of novo) is more optimistic about the project now than at any point in the past. Jay is buying for his own account at these prices.
It’s the third interview from above:
https://jaytaylormedia.com/interviews-and-schedule/
Fully the Novo poll will be eternal 🙂 (the problem I see is that it is not possible to vote more than once and the situation continue to evolve)
Doesn’t matter what Henningh thinks or what taylor |thinks or What Sprott Thinks…only matters what Bagholders think
I think they think they are holding the bag.
Probably wont bottom till everybody pukes
This would mean that the bottom will be at 0.75 which is the completation of the simmetry and the level which the pump started.
But….WHO will buy that “bottom”?
It would be a completely absurd chart …a pump and dump giant bell with no direction.
LOL…yes a Giant bell…maybe they DO ring the bell at the bottom….keep an ear out
🙂
i might hop in at 75c
Ya well…I bought BreX …..Not at $2 on the way UP But at $2 on the way down ( from $250)
and it still went to Zero….with me …
Fully, your previous posting on the Garibaldi collapse after it plunged from 5 to around 1.75 snapped right back to 5 . If and when we get some decent news Novo might do that also. Anywhere around 4 would make me much happier.
OK….I’ll see what I can do to get you $4 ( perfect backtest)…but if you don’t GET OUT there…you re on your own
MM 🙂
Thanks Fully!