Welcome To The Golden Minerals HUB On AGORACOM

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

Free
Message: Positive news lacking...or.....new shorts entering?

Golden Minerals needs some positive news to get this company back to its "Golden" status.

Can someone please knock on management's door and get them excited now that the merger is over.

This screen shot is of the pre-opening bids at 0900 EDST Sept 20th.

Seems to me the "shorts" find it easier to sell a $11.15 AUM stock than our old ECU stock at $0.56. Are people hurting financially and getting out?

GOLDEN MINERALS (AUM:Toronto)
Last: 11.25
Volume: 0
Quote as of: 20 Sep 2011 9:00 AM ET
Change: 0.00
Change (%): 0.00
Bid: 11.15
Ask: 11.56
Bid Size: 5
Ask Size: 11
Day High: 0.00
Day Low: 0.00
# Orders Shares Bid Ask Shares # Orders
1 500 11.150 11.560 1100 1
1 300 11.110 11.690 200 1
1 1000 11.100 11.880 400 1
1 500 11.050 12.000 200 1
1 100 11.040 12.010 700 1

I detest seeing our share value erode like it has been while that last "Golden Minerals" presentation sounded so good.

Is there something we are ALL missing?

I'll post another screen shot later on today to "compare the bids and asks."

Bearish event signalled yesterday

The KST, "Know Sure Thing", is an oscillator that combines multiple time frames into a single measure of momentum for a financial instrument. It can be interpreted in the same way as other smoothed oscillators but most commonly indicates bullish and bearish momentum signals as it crosses above and below its moving average respectively. More...

Event Date: Sep 19, 2011
Opportunity Type: Short-Term Bearish
Close Price: $11.25
Price Period: Daily
Volume: 34,731
Share
New Message
Please login to post a reply