Agoracom: Small Cap Investment - Prodigy Gold - Re: Warning from Jim Sinclair. See if it applies to your AU holdings

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Warning from Jim Sinclair. See if it applies to your AU holdings

jerryfrancis

Apr 09, 2009 02:40AM

Re: Warning from Jim Sinclair. See if it applies to your AU holdings

cedartree

Apr 09, 2009 10:21AM

mzsmith

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Re: Warning from Jim Sinclair. See if it applies to your AU holdings

in response to

Re: Warning from Jim Sinclair. See if it applies to your AU holdings

cedartree

posted on Apr 10, 2009 05:34AM

I had the same question cedartree... does this mean:

1) over the next 60 days shorters will try to pound down AU stocks so they can cover before Up Tick rules changes.... then AU stocks will have a big rebound... OR

2) AU stocks have already been pounded down as far as they will go and now shorters will have to buy to cover... thus raise AU stock prices from here?

My guess is a bit of both... down in the shorter term and then up before the 60 days.

2 Recommendations

sinclair

dmastercard

Apr 10, 2009 07:47AM

Re: Warning from Jim Sinclair. See if it applies to your AU holdings

ballyculter

Apr 10, 2009 12:18PM

Re: sinclair

burx

Apr 11, 2009 08:48PM

shilo