And because sheep suddenly read nice things about DNT.to today and "discovered" the company, it pushed the stock up 11% on double average volume (which is pretty darned impressive on a day when Canada is open and the USA closed).
Here's what performing monkeydude number one said:
"...People are getting excited about a resource update.... The price of shares may rise to $3 in a year...."
And here's performing monkeydude number two's contribution to society:
"...one of the most deeply discounted copper deposits in South America......may be a target for a takeover......It's just so tremendously undervalued, and the market just overlooked it, at least before today...."
Yeah right. Overlooked by the market, but not by Otto. Here's my post from 10th April that was all about Candente, and explaining about
- the upcoming resource update
- how darn cheap it is compared to peers
- a price target of $3.13
- the obvious buyout opportunity
Today DNT.to closed at $1.91. If you'd taken my advice six weeks ago, you'd be in at $1.54 and sitting very pretty.
Y'know, I'm not kidding you about all this. I really do know what I'm talking about.
Moral of this story: DON'T BE A SHEEP. DO YOUR OWN DD. DON'T WAIT TO BE SPOONFED INFORMATION AT A TIME THAT SUITS THE BIG PLAYERS.