Bowood Energy Inc V.BWD

MACD

[OPTSALES]

The MACD for BWD currently provides a strong bearish signal for two reasons. First, the MACD is below the signal line, a 9-day moving average. Second, the MACD is below the critical level of 0 which means that the underlying moving averages are trending lower.

 

if we don't see any results news soon, this sucker is going below 10cts , gaureenteed it will if they don't sell by May...so according to last press release, hopefully sooner than that.

 

GL

[Sonny7]

Small piece of encouragement today with GMP Securities with a 100k share buy at .14, about 35% of the days volume. It ain't good looking but it's looking good. Share price is holding

[Prof_JD]

Sonnyman, 14 isnt holding as well as it was last time around.... i dont know if you havent noticed.... market internals not looking good either with the TSX-V getting bloodbathed as of late because of the GOLD sell-off. 14 may hold for abit but expect lower prices in the 12-13cent range to show-up soon.... imho good buying opportunities as this stock has a bright future. This is a longterm hold

[Sonny7]

No sweat, JD. Mine was a casual but always optomistic opinion made after the close of today's trading. I was expecting it to close lower but happy enough with the day. I learned a long time ago that there is no crystal ball that works. If this is not bottom then not far from it and I look for a wee uptick tomorrow,......(not a prediction) and I'm not ashamed to be holding this stock.

[Sonny7]

I think of it as a hold for it's potential in the land holdings, PERIOD. I don't know Legacy and can't display a fair opinion on that, but I like their association with the Bloods