AUMN: After being capped at $3.82 all afternoon....

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.

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Silverbull50

Rank: President [?]

Points: 2963 [?]

Votes: 49 Score: 4.3 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

AUMN: After being capped at $3.82 all afternoon....

posted on Jun 01, 2012 04:12PM

....some intelligent seller(s) adds insult to injury dumping approx. 40,000 shares are in final 10 minutes "at market, closing us at $3.71. Seller(s) had all day to sell around 3.82 but waits till the end of day to overwhelm any support--probably a short still hanging around.