Scoop and Poop
Is still alive in the Mini Miner Sector
This kind of action is rampant in a Down market
Every so often someone gets excited about a play and hypes it only to be joined by others and before you know it
many many folks have been pumped and dumped.
I don’t think it is initially a calculated thing but the story takes on a life of its own
THE smartest Geologist on the planet chimes in positively …Goldbugs who are staved for something to go nuckin futz jump in and then when everybody who is in …is er IN…..then we do a wil-e-coyote moment and gravity takes over.
…………..
Now if the same story gets going in a Bull market the story can carry the bugs along as the fringe hot money shows up. That’s why so many of you wont sell even with 90% losses
One never knows when gold fever will bite.
I really hope you all get rich quick with one or two of these things which have the potential to give infinite returns in relatively short time frames….Just remember to sell ….sell long before the top if necessary and don’t second guess…these things explode and ALWAYS yield to gravity and flame out ….Its the nature of the beast .
FGC
Thanks, Fully.
Last weekend, I spotted a bunch of these pump and dump moves.
And GTT was one of them.
Was going to post the list but decided not to. “Enough already”.
Here it was, in draft
pcy.to prophecy
sir.v serengeti
gtt.v gt gold
wm.to wallbridge
rml.v rusoro
abn.v aben res
whn. v westhaven (partial reversal only)
Pedro, what’s your view of WHN.V? It’s held it’s gains quite well so far, and some more important assay results are due before Xmas.
Hi Simon. Thanks for your interest. I’m a technical and sector analyst only.
I don’t do fundies, and I don’t play single stocks (any more).
I do track the bunch, as a ‘pull back the layers’ exercise, from time to time.
Especially, when calls grow louder for the market to head in a direction that my own work doesn’t agree with at that time. Like now.
I’m here, and have been, simply because … at the end of the day … down the road at some point, this sector HAS TO BE, where the action turns in a big way. Meanwhile, its rewarding to TRADE, using leveraged ETFs. That’s what I do. I’ll be taking large positions later this month, I reckon. Nothing personal towards any one here or their mascots.
Simon. I dont know that stock from a rat hole in the wall….but I would bet that when the assay results you are waiting on come out ….no matter what they are…the stock will tank.
Thats just how it works. Especially if your stock has a .V
Sorry to be a party pooper…
Ha….there you go then
The dirty seven
Thanks pedro