Re: Movement That's quite a graph. Might be just technical selling but rather harsh on anyone who bought over GBP10......Why don't we see the same fluctuations with GOLD given its the same product in the same industry?
Re: Movement just technical selling after the last update right back to long term supportthey will rally hard next week
Re: Movement CEY has also underperformed badly compared to Randgold and the silver miners, but is starting to go today whilst Poly continues its decline, so my money has gone over there today with gold starting to break out after the non farm payrolls disappointed, and Poly having a broker downgrade.T
Movement Last I looked, POLY was about 950p. Now with gold at or over $1,300 it is at a much lower 864p. Perhaps those more knowledgeable of the company know why this share is falling while gold is generally rising? Randgold, on the other hand, has continued rising in line with gold from 700p to 790p.
Re: Back in PS im not going to try and trade it i have a target of 950p and then we will re evaluate.good luck
Back in Not often you get a gift in the markets but here is a classic example of sell the news with gold price at$1320 this pullback is a glorious buying opp and way overdone IMHO on this 5% yield stockJust bought 3000 at 865p
Re: Polymetal no volume This share is impossible to trade never seen a price change without any logic,3 weeks ago gold hit $1255 poly hit 934 now golds $1272 and rising and these are going sideways.
Polymetal no volume Bought and sold once this morning and I am over 1% of the entire morning's trade. This has a risk of a pull back simply because of a lack of trade buyers. At least I have tried to make a bit of volume for a £25 profit. Left order on for 900p. Lets see if they drop and take it.
Re: Ga closed nicely No need to squabble chaps. Gold seems to have commenced the next leg up this afternoon and a rising tide lifts all boats. Just added a second position of 780.T
Re: Ga closed nicely rubbish!!!! its closed above resistance at 920p
Ga closed nicely Nice profit from 903 and 906 with 920+ sell. Gap is now below and it will back fill sub 909 in near future.
Re: 921.5p close No idea why these fell today with gold closing up at $1270 nowThey are looking like a share thats impossible to predict and trade.
Back up the truck Gold and silver reaching escape velocity.
Polymetal does not leave many gaps The only gap made this year was just 2p at 970.5-972.5 on 5 June. Every gap created this year has closed in both directions.
Gap 917-922.5 At some point has to back fill. Sold my 913 buy for 925 yesterday. Returned with 906 buy this morning. Small trade as I have been on side lines for quite awhile. The market feels quiet on gold miners bar Acacia.