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First Asset Morningstar Emerging Markets Composite T.EXM.A



TSX:EXM.A - Post by User

Comment by rainbow1010on May 17, 2007 11:39pm
278 Views
Post# 12802480

RE: Exmin Weekly Chart-huesos

RE: Exmin Weekly Chart-huesosIt is my belief that the volume is to low for this to be major holders selling off and/or warrant issues. Likely nervous nellies doing the selling, I also think this is a bottom however I thought the same about the .62-.64 area too. One thing is for certain is that the volume has been extremely low during the recent declines in comparison to the amount of shares sold above the .60 area. If the decline does continue without reason it just presents more/better opportunity to those who believe in the company. I think we all agree that a year from now we will look back and be asking ourselves why we did not pick up more at these prices(at least I believe this now...).
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