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I say things on Twitter

2/3/14

That special Gold Resource Corp (GORO) moment when...

...the jock Wall Street desk trader jumps in a buys a stack of the company because...

1) he* needs to hedge his port with gold names because his boss just barked at him
2) gotta get me some gold miner exposure, whole market's dropping and that sector's rising, man
3) look, GORO's a gold miner
4) and it has the word 'gold' in its corporate name. Cool.
...but later sees that...


Oh.

*this time it's "he", as women are never as fucking stupid as these dudes