Re: Swimming Against the Tide
in response to
by
posted on
Nov 30, 2011 12:36AM
Emerging Mid-Tier Gold Company - Timmins
I like how this is moving lately. Fundamentally, this one is hard to wrap my head around. Lots of ounces of gold and production increasing and PoG moving up should make us move up but we seem stuck in the mud. We could be in the process of forming a triple bottom here and could move up significantly over the next few months.
Triple bottom TA: http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:triple_bottom_revers
I also like who the buyers have been since November 21st:
7 TD Sec | 2,435,214 | 3,422,211 | 1.405 | 1,599,408 | 2,270,049 | 1.419 | 835,806 | -1,152,162 |
99 Jitney | 4,897,000 | 7,016,719 | 1.433 | 4,429,500 | 6,325,441 | 1.428 | 467,500 | -691,278 |
92 Pollitt | 308,500 | 421,738 | 1.367 | 0 | 308,500 | -421,738 | ||
73 Cormark | 305,600 | 416,788 | 1.364 | 0 | 305,600 | -416,788 | ||
53 Morgan Stanley | 355,653 | 519,388 | 1.46 | 55,200 | 77,158 | 1.398 | 300,453 | -442,230 |
2 RBC | 460,539 | 641,757 | 1.393 | 177,844 | 247,537 | 1.392 | 282,695 | -394,220 |
11 MacQuarie | 264,091 | 392,975 | 1.488 | 0 | 264,091 | -392,975 | ||
85 Scotia | 520,226 | 735,771 | 1.414 | 287,283 | 412,641 | 1.436 | 232,943 | -323,130 |
44 Jones Gable | 216,400 | 299,380 | 1.383 | 57,200 | 82,596 | 1.444 | 159,200 | -216,784 |
62 Haywood | 104,100 | 145,559 | 1.398 | 0 | 104,100 | -145,559 | ||
33 Canaccord | 221,970 | 315,695 | 1.422 | 129,900 | 182,732 | 1.407 | 92,070 | -132,963 |
90 Barclays | 251,000 | 346,561 | 1.381 | 174,500 | 247,892 | 1.421 | 76,500 | -98,669 |
6 Union | 65,000 | 92,150 | 1.418 | 5,000 | 6,550 | 1.31 | 60,000 | -85,600 |
19 Desjardins | 277,315 | 387,616 | 1.398 | 226,930 | 314,661 | 1.387 | 50,385 | -72,955 |
5 Penson | 40,100 | 54,717 | 1.365 | 4,200 | 6,216 | 1.48 | 35,900 | -48,501 |
95 Wolverton | 33,600 | 45,530 | 1.355 | 0 | 33,600 | -45,530 | ||
59 PI | 35,500 | 50,340 | 1.418 | 5,000 | 6,800 | 1.36 | 30,500 | -43,540 |
46 Macquarie | 30,000 | 42,000 | 1.40 | 0 | 30,000 | -42,000 |