Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Cadillac Mining Corporation CQXFF

GREY:CQXFF - Post Discussion

View:
Post by old_dog on Feb 22, 2012 3:45pm

retrace

If we didn't do some retracing I'd be scared, the stock is still way up against the close on Friday. Folks that held the stock and came home last night to see it way up were watching it today, the tree got shook and for the people that had this stock a month ago they saw their new gains starting to erode and they sold at a profit. The only loser in this case would be NO ONE. The seller made a decent return and the new stock holder will make a decent return once it becomes more accumulated and it will.

 

old_dog

Comment by Rock34 on Feb 22, 2012 3:50pm
Both great points guys.  With the small float I guess I just expected more of a consolidation in the high 20's or low 30's.  Its really the buying pressure that I was dissapointed in. Either way, this thing is gunna appreciate sooner rather than later.
Comment by golfer555 on Feb 22, 2012 3:51pm
well i bought in the mid 30s so i guess i will be waiting a while before i see any positive gain on my investment....
Comment by RogueWolf on Feb 22, 2012 3:57pm
Be patient I think theres good things to come here with the follow up drilling.  A lot of people are accumulating right now from the looks of things.  No such thing as a perfect trade man, its all coulda woulda shoulda right. You could average down as well....I dont think we've hit the floor yet. Rogue,
Comment by Rock34 on Feb 22, 2012 3:58pm
I wouldnt be too sure of that.  Lots of eyes are on this and many just waiting for it to bounce and then they will jump in as well.  Will be interesting to see.   I think that this will settle mid 30's at least if not much higher
Comment by RogueWolf on Feb 22, 2012 4:04pm
11 million shares went yesterday including the exchanges and the Alpha. 2.7 went today through exchanges. Float is definately tight and it really makes it hard to say what would happen.  My gut says it will come down a bit more, but if we see an institution looking for a position, or a private investor looking to pick up big blocks its going to fly. Rogue,
Comment by Rock34 on Feb 22, 2012 4:11pm
Based on the close I have to agree that it will come down some more.  I dont know why anyone would jump in at this point when the sellers are hammering it down.  The crazy thought though is that people might get the chance to buy this again at or below .20.  That is insane.
Comment by SupplyChainGuru on Feb 22, 2012 4:17pm
Were there any clues or hints in the NR as to when their next set of drill results are? are they digging deeper as we speak? I wonder whats next on their agenda in terms of results sharing . . In all, I like how management are being very calm about it. They were careful not to pump the stock with their interviews. But if you saw the stateside report, this has the potential of being a carlin style ...more  
Comment by golfer555 on Feb 22, 2012 4:19pm
well yes, the thing is that I will have to average down on this to be on the safe side. Buying in the mid 30s wasn't the right thing when it was coming down. I'm curious to see how further this will drop and settle at before I buy more to average down significantly. I'm also thinking that with the huge surge yesterday, its possible that shorters were coming in and now pushing the price ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities