I don’t believe I know much about anything, I’m no geologist or expert trader. But I’ve been watching the price action since the gold price went on a bull run when the US market hit the skids late last year. I’m a macro economy kinda dude. Mmm kkk
Stock had looked solid since Oct, even on the the pull backs, and there was often times when I sold at different entry points and didn’t get back in and I was like man. No Bueno!!
Ive read the whole thread on this and IMO I can’t wait to sell on Monday but... I think some of the price action is factored in, and morning star just upgraded the stock to undervalued with a shitty price target. You can read between the lines there.
Anyways I’d still take 2.40 a share right now if it was offered to me but we all just don’t know. What I do know is I’ve been burnt before and this feels very similar in a spec.
DCN Price at posting:
$2.45 Sentiment: None Disclosure: Held