Post by
tobinator01 on Nov 10, 2008 10:57am
Why Douglas stock may get a boost.
We have seen relentless accumulation of the stock for the past four weeks. This has occured with no updates except a 10Q report filing. Douglas management will be in Chicago exhibiting the company and their latest property Mbwemkuru. Potential investors and newsletter writers will be there. I suspect that Harp et al will be able to generate quite a bit of excitement concerning the property, which could show up in a large movement upwards. Any further gains from here will be tempered by stale longs wanting to get out. A major technical boost will come if the stock can close three days over $1. I'm not holding my breath for that anytime soon but it is a significant goal post.
Comment by
Des1302 on Nov 11, 2008 11:44am
I just hope there isn't a panick sell off at 1.00!Let this bad boy ride up to double digits before selling.Just think we getting all this movement and they having it started productions.. Just imagine what we would be looking at come this time next year.