drowsy syrups of the world

Gold Resource Corp (GORO): pigeons come home to the henhouse and roost with the crows

Time to say goodbye to Gold Resource Corp’s (GORO) reputation as a serious mining company. NR here, down 11% AH on the news and will drop a lot further tomorrow.

disclosure: Yeah, I’m short GORO as of U$21.52 U$21.47 get used to the idea that you can bet on stocks going down as well as up, Mr/Mrs Retailer.

UPDATE: Plenty of mails on this NR from subscribers already, but here’s one from ‘EC’ that’s particularly pleasing:

Good short call. Want to thank you for my put option purchases on GORO.  Bought me subscriptions for IKN for at least the next 25 years.

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