If gold drops below $1,300.00, the shorts will pile on SGR again and drive the low lower. Sorry Goldrush, we have not seen higher lowers.... YET.
The manipulation on this stock has been absolutlely relentless. And there is no sign it's over.
Anyone who bought at 10 cents has a 60 per cent gain. What's the motivation to hold beyond that?
If gold is below $1,300.00 this company doesn't exist long term, so no motivation to hold.