May. 14 at 4:09 PM
$SA SA is behaving a little weird lately. While gold has gone up or down a little, SA has had bigger swings.
Twice recently, SA has increased well more than gold and also sold off well more than gold. Big fluctuations from lower than 31.50 up above 33.50, or vice versa, sometimes in the same day. It seems like on the lower end, the market sees it as oversold. On the upper end, market sees it as overbought.
Generally, when these big swings happen swiftly, there is some type of big news that hasn't been made public yet. Insiders buy or sell on that news while the public is left guessing until the news is made public.
With so much going on up in Canada for SA, I believe someone knows something we don't.
