Thursday, November 8, 2012

Primero Mining: the bitchslap from Peru

One analyst was short! The other analyst was long!* Two analysts enter, one analyst leaves!

Primero Mining put out its 3Q financials today.

Here's a link to some rogue Peruvian blogger's commentary.

Here's a chart:


Here's an owl:



* - UPDATE: Jojo reminded me that he was only long til Sunday, when he called a sell on the stock. So in reality he left Thunderdome early.

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1 comment:

  1. So why didn't we buy the thing at 2.50 this summer? That's the first thing I think about when I look at that graph. (I mean DCM only got us from 2.25 to a paltry 3.50)

    The second thing is that the bollingerbands seem to draw a fricking circle in the month of October in the graph. Or maybe you already noticed that? An omen of things to come? Can we say that the circle has been confirmed or is it false? It seems pretty circular. A circle reversal? A cup and circle? TA is the shit. I can almost see an owl in the graph. Hallelujah. Praise the owl.

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