Newmont $42.97
http://www.candlestickchart.com/cgi/chart.cgi?symbol=nem&exhange=US
This gold giant seems to be on the radar list of a big player. It's now pulling back to test the lows of october around $40. The player bought it in Q4 (lets say at the lows) and by all accounts still holds it despite it falling from $48 in latest down move.
I can only suspect the player expects price to take out $48.... or else they would have got out ??
This player has solid track record and usually hold stocks for longer than a quarter...
Who knows whether this is all "noise" - but I for one will be tracking Newmont - just in case :cheesy:
http://www.candlestickchart.com/cgi/chart.cgi?symbol=nem&exhange=US
This gold giant seems to be on the radar list of a big player. It's now pulling back to test the lows of october around $40. The player bought it in Q4 (lets say at the lows) and by all accounts still holds it despite it falling from $48 in latest down move.
I can only suspect the player expects price to take out $48.... or else they would have got out ??
This player has solid track record and usually hold stocks for longer than a quarter...
Who knows whether this is all "noise" - but I for one will be tracking Newmont - just in case :cheesy:
