Re: .20???/Panic Selling????
in response to
by
posted on
Dec 22, 2009 09:45PM
Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America
100% Aggree. If this follows normal patterns when something like this happens the uninformed who only see a 50% drop will look at the close and panic then look at the PM and feel "lucky" for a chance to get out before it goes back down. The MM will conveniently assist the panic and big money will not initiate buying but will be waiting to receive the sells.
Personally I will be buying aggressively if this happens and may even make som PM purchases if I see some panicking. These opportunities are a traders dream.