Comment by
Thundersole on Nov 02, 2012 8:54am
Sorry about this post, I see that I am posting old news. Still great news, Can't wait to see the market reaction.
Comment by
Thundersole on Nov 02, 2012 11:05am
Hmmm......, I'm thinking that this was expected and all the buying took place before the announcement. Now that everyone is on the the same side of the boat, now what. The stock should not have gone down on surprise good news, very disturbing.
Comment by
bob4977 on Nov 02, 2012 11:24am
This stock has gone up an awful lot over the last couple of months. SND falling a bit with the general market may be disappointing but not unexpected. All their energy streams are still in a bit of a grey zone as to whether they will produce or not. When resources go down in price that zone gets greyer. Bob
Comment by
unlimited_aw on Nov 02, 2012 11:28am
Thunder, the same thing happened the day before the Colossus announcement. Welcome it this world full of liairs and cheaters. Don't try to make some small gains by trading on good or bad news. You will always stay one step behind. With companies like these two Sandstorm's, just hold on tight and you will be rewarded in the end.
Comment by
Thundersole on Nov 02, 2012 11:29am
The prices I'm watching are: 1) .63 would confirm an upward trend, 2) .51 would be a short term reversal, and 3) .42 would be a 50% retracement. I'm hoping that .63 is hit, but I would expect some buying at .42.
Comment by
fleeinggrandich on Nov 03, 2012 10:25am
The stock should not have gone down on surprise good news, very disturbing. Don't worry. Absoutely everything went down for no good reason whatsoever this Friday. E.g., give me one good reason why an industrial metal like silver should go down on good economic news from China and the USA. And oil? Come on!
Comment by
Thundersole on Nov 03, 2012 11:54am
The stock should not have gone down on surprise good news, very disturbing. I guess I didn't get my point across very well. I guess it was implied. What I find disturbing is the fact that all the buying took place just before the announcement and there were no buying coming in on the surprise. The day had average volume.
Comment by
Thundersole on Nov 03, 2012 12:32pm
Bob, I get your point, SND is on a roll, that is plain to see, I am one who believes in the rule of law and this should not be tolerated or accepted.