TSXV:ABG.H - Post by User
Post by
slamdanceon Jan 17, 2006 8:16pm
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Post# 10195777
Stock closed above an important SP
Stock closed above an important SPAs I stated previously, many investors who bought at high prices previously - will be above water at the current stock price of $2.39
https://www.stockhouse.ca/bullboards/viewmessage.asp?no=11142286&t=0&all=0&TableID=0
If the stock price remains above $2.38 for a few days many of the weak hands will have had ample opportunity to sell. Also, if the SP trades in a narrow range between $2.38 and $2.50, the traders and profit takers may get bored and evacuate. Should allow for a solid base for future all time highs. JMHO.