RE: New to CMK If this can be of any help. It all depends if you want to be an investor or a day trader. As an investor you buy for the long haul and it does not matter five cents up or down. You can establish some positions at this price, buy some more if it goes down and buy some less if it goes up. Average it out, that is. But if you want to be a trader, I would be more careful especially in a day with low volume. This stock seems to be trying to establish some support at 90 cents and resistance at the high 90s. But bear also in mind that technicals do not always work with penny stocks. If you want to play it safe, I would wait it to break throught the $1 mark and be confirmed for a day or two with a lot of volume. Then I would establish a position; and that I don't see happening very soon unless Mr Bates does a Houdiny and pulls a rabbit of a hat at the AGM and surprise everybody, but I doubt it. This stock will not likely move unless the bigger picture in the market improves. And Europe seems to be turning around and the risk of Greece exiting the Euro is getting low since the pro-European parties in Greece are gaining the upper hand. But aside from that, met coal demand has to come back and CMK makes some sales.