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Bullboard - Stock Discussion Forum American Consolidated Minerals Corp AMERF

GREY:AMERF - Post Discussion

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Post by Vanhope on Nov 04, 2010 11:46pm

My opinion

When  any  stock  goes  down  that  much  so  quickly, it  gets  bruised  pretty  bad. Confidence  and  recuperation  are  usually  a  slow   process. Sometimes,  most  of  the  times  it  takes  way  longer  to  climb  to  the  previous  levels. I  guess  we  have  to  give  it  time  and  pray  for  half  decent  results.
van
Comment by deet on Nov 05, 2010 8:37am
You are probably right, vanhope. It would appear that this is more than just a small blip. We were knocked off a cliff on October 7th....and now appears that it will take time to shake off the dust...get our bearings and climb back up. Gold soared yesterday and we went up by just half a cent. On a positive note...there aren't many sellers lined up according to the most recent Level II, which ...more  
Comment by rainhum on Nov 05, 2010 11:44am
AJC Market Book By Price @11:34:28 Bid Ask Orders Size Price Price Size Orders 5 172,000 0.085 0.09 175,000 5 15 677,000  ...more  
Comment by deet on Nov 05, 2010 12:25pm
rainhum...what's your take on the level II?deet
Comment by rainhum on Nov 05, 2010 1:15pm
honestly.......................it sucks!looks like a lot of people looking to get back to their entry point in order to bail.that means a slow climb back!this sentiment can be turned on a dime with positive news. good thing is the market expects very little from us so really any lukewarm information should give us a leg up. a decent intersection and the asks will disappear.Time for caution and ...more  
Comment by deet on Nov 05, 2010 7:02pm
I'm watching the trading very closely and will add to my position as soon as  I see signs of life returning to this play.deet