RE:Stop Loss
Generally when these penny stocks do " share consolidations " this is what happens. The shareholder usually loses big time.
There are some big differences now though. A couple of years ago the nuclear disaster in Japan knocked the heck out of the price of uranium and thus these small companies share prices got hammered as well. Along with this they were unable to raise financing money as uranium stocks were out of favour . Now though things have changed. It looks as if the price of uranium has bottomed out and could start to increase once again. Forum has one of the best proximity plays around the PLS discovery with Fissions trend line headed towards Forums property. Forum ( after the share consolidation ) has a tight share structure now and therefore makes it much easier to obtain future financings. The stock chart is looking excellent .
Bottom line ... now is the time to be getting in . The Level 2 is looking really good now with a lot more on the bid as seen below. Drilling starting in mid - February ( in a hot area ) also.
The 5 year stock chart below is looking excellent . It looks as if it has bottomed and is starting back up again also.
Yes you were burnt in the " rollback " but tell me " DDnGluck " .... why don't you name some penny stocks that have as good or better chance than Forum of making it .... I would like to see your list.
Scale:
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Level 2 Quote
| Market Maker |
Shares |
Bid Price |
Ask Price |
Shares |
Market Maker |
|
22,000 |
0.410 |
0.420 |
7,000 |
|
|
21,000 |
0.405 |
0.425 |
1,000 |
|
|
30,000 |
0.400 |
0.430 |
11,000 |
|
|
23,000 |
0.390 |
0.435 |
25,000 |
|
|
10,000 |
0.380 |
0.440 |
55,000 |
|
|
5,000 |
0.375 |
0.445 |
9,500 |
|
|
24,000 |
0.370 |
0.450 |
18,000 |
|
|
2,000 |
0.360 |
0.460 |
28,000 |
|
|
3,000 |
0.355 |
0.470 |
12,000 |
|
|
27,500 |
0.350 |
0.480 |
29,500 |