GREY:CRXEF - Post by User
Post by
leaf67on Oct 29, 2010 9:42pm
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Post# 17634124
Down 17-18k......lots of dry powder left...
Down 17-18k......lots of dry powder left...I have mixed feelings.......down a good chunk of money but i wouldn't mind buying more in the 0.60,s on Monday........i would be just as happy if this gapped up to 0.80 Monday and run to 0.90+.......alot of variables today.....last day of monthend,manipulation was rampant,nervous nellies selling and simply people not reading a NR properly and selling with the herd which is exactly what the mm,s prey on........leave emotion out of these venture plays or the big players will feast and will buy your shares at 0.70 and sell them much higher.
Results pending,drills turning,shorts covering and the mm,s manipulation will likely make this quite a roller coaster ride.....not for the weak stomach but can be rewarding if one hits the right spots to jump back in.
Lastly,this is obviously oversold and next week should take this play back to 0.90+ where it belongs.....as usual the mm,s are always in the drivers seat.
Do your own dd before buying any stock.
leaf67