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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: ECU accumulation distribution

Back in 2008 and 2009, our accumulation distribution chart was rising while our stock price was dropping or flat. Since this was contradictory behavior, it is likely proof that we were being naked shorted in quantity. The accumulation distribution was pretty flat in 2010 until November when a slight increase in the A/D correlated with a doubling of our share price. Now for the last 2 weeks, the A/D line dropped while the stock price was flat. All this indicates that the tide has changed and even a small amount of buying like in November will double our share price again.

http://stockcharts.com/h-sc/ui.

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Mar 06, 2011 09:51PM
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