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Bullboard - Stock Discussion Forum ENERGIZER RESOURCES INC T.EGZ

"Energizer Resources Inc is an exploration stage company. It is engaged in the advancement of the Molo Graphite Project, consisting of a commercially minable graphite deposit situated in the African country of Madagascar."

TSX:EGZ - Post Discussion

View:
Post by whitenorth72 on Jul 30, 2013 3:22pm

Run up

Watch for a run up starting at 15:30
classic market control.
this stock will hit $1
Comment by Billionaire_2B on Jul 30, 2013 3:55pm
IF we held on at noon, then maybe, but the support fell off. It should have run up after trading virtually stopped from 12 to 1, If we held out for another 15 minutes I bet she would have gone back to .30, but too many scared and jumped ship and started the downtrend on the hourly. This will hold flat for a day or two around .20 until strong hands hold it and we gain some interest back. Too risky ...more  
Comment by tarnoir on Jul 30, 2013 4:08pm
As has been said, after a ~150% gain in one day, one has to expect profit taking. Remeber, the SP was a 10cents last Friday. Also, probably some who bought at higher prices taking advantage of this run-up to get out (those that have been holding for months and months at a loss and don't have the same optimism many here do).
Comment by bullchart on Jul 30, 2013 4:35pm
This gave up 50% retracement on the total move, and only traded about 1/2 the volume. That is good in my books. This is a keeper and adder on dips for me. .20 to .24 was the holding pattern yesterday late morning. We got most of that today. Good one to have stink bids in with all these nervous nellies on here. Also a great one to have 100 and 200% sell pockets for a few shares above the daily ...more  
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