Golden Hope Mines

Golden Hope Mines Limited is a junior mining company trading on the TSX Venture Exchange under the symbol GNH and on the Pink Sheets in the U.S. under the symbol GOLHF.
7
in response to positive carry's message

"but, I will definitely take much more heed of the technical trading patterns and not get caught like this again."

I'm not a great trader but a couple of days ago I was looking at the movement / price action in GNH and it was hard for me not to see close parallels with past action in CMM and GBB. Both of those stocks went on the same sort of short term tear, exploded to new highs, and then dropped back down to levels I had believed we'd never see again. Both CMM and GBB subsequently did PPs near these lows, making many wonder whether their prices had not been manipulated down to those levels longer than otherwise would have been the case.

I never did read the book "Fleecing the Lamb: Inside the Vancouver Stock Exchange" even though I think I have a copy here in the house somewhere. Perhaps I should read it. Even though it is no doubt outdated, there might be some lessons in there to learn.

As pop group Wham! once sang, "Caution Pays!". Lol.

Please login to post a reply
balducci
City
Calgary
Rank
Vice President
Activity Points
986
Rating
Your Rating
Date Joined
04/29/2010
Social Links
Private Message
Golden Hope Mines
Symbol
GNH
Exchange
TSX-V
Shares
7,058,899 as of 06/30/2015
Industry
Metals & Minerals
Create a Post