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Bullboard - Stock Discussion Forum Celtic Exploration Ltd CEXJF

GREY:CEXJF - Post Discussion

Celtic Exploration Ltd > Drop in price
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Post by sandhillsam on Jan 09, 2011 8:51am

Drop in price

what would cause a stock to drop like it did on Friday? Some things just do not make sense.
Comment by teevee on Jan 09, 2011 1:36pm
herd mentality....fund managers trying to be cashed out for re entry on an overall (and some think over due) market correction....In my opinion, with a company like CLT, it is a fools game-better to just hold as growth continues. Also, unless you believe continued economic recovery is already baked into the markets, I believe recovery, albeit slow, is entrenched.
Comment by raggetyjack on Jan 12, 2011 10:22am
Don't sweat the small price drops. It's called consolidation.Now a few short days later you are rewarded with a new 52 week high.SWEET...
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