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

Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by hoagy16on Jan 02, 2013 2:05pm
179 Views
Post# 20789428

RE: RE: RE: low volume bullish sign for CMK

RE: RE: RE: low volume bullish sign for CMK

You are correct to a point.However you lose the upside leverage.For example lets say you own

100.000 shares , current price is say 10 cents.A 1:10 cons. leaves you with 10,000 shares worth a buck.

If the price rises say 10 cents you make $1,000.However if you had the 100,000 shares you would

have made $10,000.Thats the rub on large consolidations.

<< Previous
Bullboard Posts
Next >>