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Bullboard - Stock Discussion Forum Creso Exploration Inc CRXEF

GREY:CRXEF - Post Discussion

Creso Exploration Inc > CXT Faithful
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Post by teddyo on Nov 08, 2010 4:46pm

CXT Faithful


What do you make of the last several days of strange CXT action as AU is zooming over 1400$ ???

Can the lack of news alone send this into the dumps?
Comment by fairchij on Nov 08, 2010 5:14pm
If we knew the answer to this we would all be rich...One of my favourite juniors GBB failed to move today, PKL failed to move and TRR came off as well. The market can certainly be irrational, many will sell to chase another stock that they think has upward momentum. But this stock is on many radars and will have the ability to turn around very quickly and that often happens when you least ...more  
Comment by bullrush18 on Nov 08, 2010 5:35pm
I'm with you fairchij.  Most of my stocks dropped. Why? Who knows.  This will rebound. Another buying opp.
Comment by teddyo on Nov 08, 2010 5:44pm
Thanks all, for well-thought out responses.I feel the same way but needed confirmation of the insanity of market action sometimes.T
Comment by gilver on Nov 08, 2010 7:37pm
Fast money chases the producing juniors and near-producers with current news.  Creso was factored in already.  Newmont is not $tupid buying in at $1.06 recently. Stocks tend to get oversold and this one is oversold at the moment.  I hope Newmont is increasing their share at these prices to add stability to limit the low-side of this share price.  57 cents that another poster ...more