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IBDvalueinvestin (99.67)

NGD New Gold Inc. gave up almost all gains for the Week.

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April 06, 2011 – Comments (3) | RELATED TICKERS: NGD

NGD a Gold, Copper & Silver company is at only $11.36 down -0.28 even though Gold rose $19/oz yesterday and is only down -1.60/oz today for a net of +17.40/oz in the two days. 

 

Currently NGD is trading in the low end price during of last 7 trading days.

Closing prices :

April 5 : 11.63

April 4 : 11.22

April 1 : 11.65

March 31 : 11.71

March 30 : 11.65

March 29 : 11.29

March 28 : 11.14

 

3 Comments – Post Your Own

#1) On April 06, 2011 at 1:21 PM, IIcx (< 20) wrote:

profit taking -- it always happens at the top ; )

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#2) On April 06, 2011 at 2:10 PM, IBDvalueinvestin (99.67) wrote:

NGD current reserves worth North of $20 Billion based on current metal prices. Its also got nearly $500 Million in Cash and currently well below $5 Billion market cap. That sure does not sound like a top.

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#3) On April 12, 2011 at 11:04 AM, rfaramir (29.31) wrote:

Buying opportunity

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