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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Post by godmanon Jun 28, 2011 9:32am
202 Views
Post# 18773107

I dont know why?

I dont know why?I phoned, left a message and he called me back, the next time I called, got the machine, then phoned an hour later and he answered. Believe me or not. I am an investor and have been killed swing trading stocks, did it with WTN, missed buyout, LIM, had in 1.80 and sold at $3 watched go to 14, now 10, ALP sold at $14 is now at $32 with 1.60 dividend, swung traded Marathon PGM and missed buyout, etc etc
PATIENCE is the name of the game or get out in May and come back in Aug, wished I had done that, but was afraid I might miss a buyout Cline and my other stocks was waiting for REs and when that happened with AAA the crappy market and MMS actual  took it down with an increase of 10 X in RE but grade of potash was 2% less than what every one was expecting, because of the way the RE was done. When you filtered throu the RE report you released that the grades were actually much higher, but no explaining by the Mangement could alter the effect.
So CMK is not the only one getting pounded, just market. Everyone is extremely nervous and any stock which misses any numbers is getting hammered. KB SAID THE NUMBER OF 350K WAS FROM THE RE NOT THEIR NUMBER.
With all the negativity the shorters feed on this and I can assure you people will be kicking themselves for selling now. If you sold earlier I would wait around, but now it is kind of too late IMO. Watch the trading pattern and every morning a few thousand shares in 100 and 200 blocks drop the price. hmmmmThe only reason I wish I would have sold is so I could have increase my position at these levels, nothing to do with worries about the company. I will be heading down later in the summer to view the mine, already committed to something in July.GLTA
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