AUMN: One last comment on the current selling pressure

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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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Silverbull50

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AUMN: One last comment on the current selling pressure

posted on Nov 09, 2012 04:42PM

In addition to the ever-present swarm of sell orders from the algorithm trading platforms, pressure could also be coming from early tax loss selling, hedge fund liquidation from the prior private placement, as well as margin calls from the recent market carnage. Hopefully, this selling pressure is near a climax and buyers return soon.