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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > Not making money?
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Post by kingyahoo on Dec 18, 2012 11:33am

Not making money?

Do you remember what I wrote? That stock was worth .10 cents and that when it was trading around .20 cents. Well, I have been out since and I just did a stupid thing. I bought at .08 cents. I have made a real killing with CEE since the bad news of  last week.
Comment by kingyahoo on Dec 18, 2012 11:43am
I am nuts. Just added at .075 cents. I read the news release and not doomsday. Should close above .10 cents easily. I HOPE!
Comment by RE38 on Dec 18, 2012 11:48am
dude this is like GBG, except coal instead of gold in the stocking. I expect under 5 cents which is the only time I'd consider buying. 
Comment by biren1 on Dec 18, 2012 11:49am
before you continue to buy more kingyahoo, you might want to see some indication of actual sustained buying happening. I agree with you, we are going to get to a point of oversell, and their should be a correction upward. Right now though, still seems alot more selling happening, so we might still see 5 cents or lower possibly GLTA
Comment by RE38 on Dec 18, 2012 11:54am
like right now for instance...
Comment by kingyahoo on Dec 18, 2012 11:55am
Kept adding, now at .5 cents. Waiting  for .045 cents.
Comment by biren1 on Dec 18, 2012 12:00pm
well just got filled myself at 5 cents. Seems like the bottom is taking hold here right now. Hope i am right, we shall see GLTA
Comment by kingyahoo on Dec 18, 2012 12:08pm
biren, I am buying with profit money taken out of CMK, Heck, I can afford to lose all my investment in CMK. But, I am convinced I would not. Look, CMK did not appear on the scene yesterday. Sure, it hit hard times, but there are some smart CEO out there to see a bargain.
Comment by biren1 on Dec 18, 2012 12:12pm
i hear ya kingyahoo. I am in the same boat, rebought today at 5 cents off my daytrading gains previously. This is due for a bounce upward, heck it is already in progress. But i won't be greedy, a couple cent gain will be good enought for me, especially with the number of shares i got at 5 cents lol GLTA
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