RE:RE:RE:RE:RE:Canada Nickel Confirms Major Discovery at Reidapapas1973 wrote: Lol Pcguy. Well if that was the deal, then I guess I'm eating the crow pie as well. Im actually not ok with today's announcement. The only thing Im ok with is the fact that he didn't increase the loan. I actually thought that was coming, being we're going to need cash soon. At this point I would say Mark has left us very vulnerable. As much as people don't care for technicals, unfortunately the big boys do. And whether you have a little invested or a lot, it's going to affect you. This is pure and simple a numbers game now. Someone has found it easy to push it around. We have no business being back in this area. A test of 180ish I expected. But not the 160 level. If we breach below the low 150's then we're all going to be eating crow pie. On top of that the markets are going to go through a scary correction in the near future. So Mark had better come up with something before the next due date. GLTA
Thanks for your insight.
This is not so much a long term investment than a short term candlestick opportunity game! I've warned in the past that some bullish patterns had emerged, These short sellers and algo traders seem to catch onto them and make it a self fulfulling prophecy. Much more than the bullish patterns. There was a bottom triangle with a 2.20+ target. It seems quite odd that it hit exactly 2.20 the rolled over and sank
It's very frustrating that we are left vunerable. A few things that make me angry here is that Mark was consistently telling us FES is on track for and end of year release, even in Novmeber when this new goverment program was announced. Then he said that it won't be end of year because everyone is off at Christmas. Then the First trading Day of the year he tells us about the program tha will delay the results for 6 months. He obviously knew that in early Dec and should have told us then. By not doing so it set us up for the sucker rally and drop we just experienced, and given the bears all the ammo they need!