Seabridge Gold (SA +5.6%) has remained strong all day on no apparent news, although gold stocks...


Seabridge Gold (SA +5.6%) has remained strong all day on no apparent news, although gold stocks of all sorts have received a flurry of interest in recent sessions. Trading volume near the close is 1.35M vs. the average daily volume of 322K shares. Options on SA had traded more than 22K times by mid-afternoon.
Comments (2)
  • Short Bus
    , contributor
    Comments (72) | Send Message
     
    Correct, there was no APPARENT news, however the stock has been pumped by a major publishing company (Stansberry and Associates), and if you look at the options activity then you will see why there was strength today. Unusual options activity usual results in unusual stock activity also. PVG its nieghbour in the same area also showed the same strength.
    22 May 2012, 04:06 PM Reply Like
  • Short Bus
    , contributor
    Comments (72) | Send Message
     
    sure enough, more pumping from Stansberry of SA on a large down day for the rest of the mining stocks and gold down large as well.
    23 May 2012, 11:02 AM Reply Like
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