ANG

[theyoungster]

AVERAGE DOWN?? what is the forums opinion on this one at the moment? reaching new 12month lows?

[SimonPB]

if it is at 12 month lows, then the trend is frmly down. Why buy more? Why now suddenly will you be right? Buy what is going up, sell what is going down.

[theyoungster]

evry time it reached a new low it bounced up this month not by alot but still...thats my logic OMO

[Oom_Boom]

Shares can ALWAYS go lower and higher than you think........Never think you can predict the bottom or top

[theyoungster]

hahaha nevermind s***** that idea...why is it doing so badly anyhow?

[#6]

fell on almost no volume...so even though I am also taking strainon this share....not too concerned for now.

[BRE]

Could it be the slow down in the global economy? Supply and demand...

[SimonPB]

because it is a gold mine and gold miners have been in a down trend for about 5 years.

[asylum]

metal prices came tumbling down in London on higher stock levels, which suggests that demand could be slowing.so i think you may be sot on there old chap.

[asylum]

metal prices came tumbling down in London on higher stock levels, which suggests that demand could be slowing.so i think you may be spot on there old chap.

[#11]

maybe for metals in general...definitely NOT gold. Demand up 300% last month with shortages on the physical worldwide resulting in a huge price difference between traded contracts and physical buying. Gold getting walloped on euro/dollar (almighty dollar's problems seem to have simply evaporated suddenly) and oil leading it by the nose for now.

[sk_1]

Simon, how can you make such a stupid remark, Ang was trading at 15200 five years ago when I bought 100K for my long term portfolio. I dont call that a downtrend for ANG

[sk_1]

Sorry, that last remark by sk was actually me HDk, I was in her portfolio to see how she was doing.

[SimonPB]

when was the high for ANG, and other gold miners? My memory says about 3-5 years ago, so that to me says down trend since that high.

[SimonPB]

an your 5 year investment in ANG has yielded 30% odd, while stx40 did about 300% !!!