Top "News" (quotes for sarcasm)
posted on
Jan 12, 2012 03:08PM
Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.
So happy to read all that i am reading and to see the market starting to wake up to reality. However we are still a far way off and most ECU holders are still deep, deep in the red. Regardless, I am very happy & I see no reason that any of the recent price issues had anything to do with the company itself. In fact if I had any spare gunpowder, I would have been buying like crazy in the 5 buck zone and would be doing a touchdown dance right now... but alas I was caught out and all in.
Now... something I am really upset about. I just went on my iphone to check the share price on the yahoo ticker and what is the top "news" related story about AUM right under the share price? "Shares of AUM Now Overbought". Really? Are they? Who says?
This headline is written as if it is fact & is actually some kind of Forbes auto alert that the technicals show AUM as Overbought. Sorry, but where the (insert your choice of very bad word) was the "AUM is VASTLY and RIDICULOUSLY OVERSOLD" a few months ago?? A lot of peope own iPhones and a lot of people use this ticker. Who gave Forbes this power? By the way, the posting happened almost exactly at the high point of todays price. Perhaps a fair title would be "AUM technicals now read that AUM is potentially overbought", but even that is BS.
So... was Forbes right or did Forbes cause the sudden pullback? I vote the latter. Seriously, I am starting to really hate these manipultive corporate raiders... there used to be subtlty in the way they ripped us off.
Soul