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Community


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Online Share Trading

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Whats happening ?

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FEK
Super Contributor
back to profitability and this goes down, whats up with this share ?
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16 REPLIES 16
kwagga
Super Contributor
Below market expectations.....perhaps
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klapka
Super Contributor
quite a good analysis by David McKay on Miningmx this morning. More useful than the hatchet job of Nick Holland on Bloomberg this week.
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FEK
Super Contributor
Any idea why the big drop today ?
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kwagga
Super Contributor
GFI not delivering and getting punished for it.
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kwagga
Super Contributor
Dead dog do beaten to a pulp - Just brutal. I will present a opportunity in the near future though. Maybe even this year still.
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FEK
Super Contributor
Technically what do you see for goldfields ?
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THRESHOLD
Super Contributor
Do you believe in gold? If so - this is a buying opportunity. When it moves up - you MUST take your profit though.
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kwagga
Super Contributor
Big reversal bottom forming on the gold price. It could bounce quite aggresively from what looks like an expected gold/$ price of 1180 - 1200 in the next few weeks leading up to Chrismas (if we get this right). omo
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Russ
Super Contributor
Terrible chart.Might get a bounce or two but wouldn't surprise me if it's heading for R20.
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stores
Super Contributor
I used to be a gold bull for many many years until 3 years ago. I actually retired from ANG, after 30 years service. Simon Brown changed my mind, and, apart from the odd obvious scalp, I do not touch gold anymore....The best buy in gold is, as Simon says, is when you sell your short.. Currently gold (GLD) or gold companies are not part of my long or short term portfolios...IMO.
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stores
Super Contributor
Sorry..should read "when you buy back your short"....not sell it
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FEK
Super Contributor
Another pelting, this share is being totally beaten to a pulp.
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kwagga
Super Contributor
Yip, waiting for better days. Looking @ the graph now, and it's not pretty. Some support at 36-37
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FEK
Super Contributor
Looks like below bollinger band in ADR listing in US, time for a bounce to $5, whats the views out there
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kwagga
Super Contributor
This is a falling knife. You want to catch it, be my guest. I'd rather wait for some support to kick in. Like I mentioned - Gold could drop to 1180 in the near future, before an expected bounce.
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Melidah
Occasional Contributor
Hey what must I do with this share ? If I sell I will lost R1400
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