Highland Gold Mining Ld Share Discussion Threads

[stevedaytrader] 20/12/2018 08:38

All my stocks taking a battering today except for crypto that continues to rise. Bloody Jerome Powell! Usual market over reaction, just goes to prove that increase in gold price doesn't win over FED- HGM is a stock afterall as I kept saying here when people were naievly hoping for recession... Fingers crossed people buy in at these bargain prices, across the board.

[borisjohnsonshair] 20/12/2018 08:07

Another 45k at this price should be ok

[borisjohnsonshair] 20/12/2018 08:02

Early but dropped more than div - 6p

[borisjohnsonshair] 20/12/2018 07:48

We didn't last ex-div. it closed higher than the day before. Odd share! Touchwood for more weirdness today.

[stevedaytrader] 19/12/2018 21:13

Fed hikes as expected and gold went from 58 to now 42, dovish tone though in 2019 2 hikes now at 2 not 4- trump hates it as expected dow went from increase before announcement to descrease as expected with rate rise- dollar rise and so did 10 yr yields. reminder we will lose the percentage equivalent of 5p overnight, and overall news as expected.

[stevedaytrader] 19/12/2018 16:51

Lol! gold and dow up so am hoping for dovish tones...

[borisjohnsonshair] 19/12/2018 16:26

I'm afraid he hates Trump too much to do the nice thing!! Rise and very ambiguous speech is all well get! I hope I'm wrong, but that's as likely as Trump being dignified.

[stevedaytrader] 19/12/2018 16:17

Am hoping for an a Christmas pressie from Jerome Powell shortly lol

[zangdook] 19/12/2018 13:46

Try not to overdo it at Christmas then.

[le0nard] 19/12/2018 11:47

Lets hope all this was due to a large distressed seller who has now been cleared. if so this was a fantastic opportunity for some. Not me though I'm already overweight.

[stevedaytrader] 19/12/2018 10:03

I like it thecroots- if you're not planning a short, then great strategy.

[borisjohnsonshair] 19/12/2018 08:56

Terrible strategy but sounds good to me!!!

[thecroots] 19/12/2018 08:49

Im not going to look for a few days. Too painful to watch..

[stevedaytrader] 19/12/2018 08:43

This is one of my few long termers so I hold here, and rarely short. Will be holding as this could jump back quickly. Don't see any reason for this drop, HGM does this from time to time, but and expect a jump back soon.

[borisjohnsonshair] 19/12/2018 08:31

Yep - odd! It's too weird to pile in. Is is so weird to pile out?????

[stevedaytrader] 19/12/2018 08:29

Yep- gold up, cey up but RRS down also. I would normally drop other stocks to pile in here, but too risky for me as this is such odd behaviour.

[catsick] 19/12/2018 08:21

My mistake !

[borisjohnsonshair] 19/12/2018 08:17

Yes......hence my point

[casual47] 19/12/2018 08:13

Ex-divi is tomorrow

[borisjohnsonshair] 19/12/2018 08:12

WTF - big sales the day before ex-div!!!! I've never seen anything like this!

[catsick] 19/12/2018 08:11

Hmm ex div and its up on the open

[borisjohnsonshair] 19/12/2018 07:54

We are way off weak economy. The fear is all over played based on a (justified) correction and a maverick US President.

[stevedaytrader] 19/12/2018 07:53

True, to clarify, a recession to me is not the true meaning, eg contraction in GDP over defined period. For me it's when I expect a greater than correction in markets when a bounce takes a lot longer recover and exceed to current prices eg years.

[bulltradept] 19/12/2018 07:02

"i work in 6 months cycle and no recession in the cards in that timeframe"

Only one slight issue with that, you don't actually know you are in a recession until you look backwards. Market's not happy it could already be indicating this is where it is heading.

[stevedaytrader] 19/12/2018 05:36

I agree, caugt me out! there’s an outside chance of no fed rate increase today although highly unlikely- at worse we will get dovish undertones so hopefully downside already factored in- usa expects lower growth but not near recession. i work in 6 months cycle and no recession in the cards in that timeframe