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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > Market crush imminent, like last year
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Post by pull1 on Jun 08, 2011 8:40am

Market crush imminent, like last year

I cannot believe I even missed the signs this time around, all the signs are pointing to a huge market crush, it is almost a repeat of last year. My advice is to just shut off the computer and do not even bother listening to business news because it is a systemic psychological bear attack. I am in just like you so what really matters is that nothing will happen at the end of the year, we will all be laughing all the way to the bank to cash out our profit because investment is about long term not just day to day. Cheers
Comment by godman on Jun 08, 2011 9:23am
I do it every year also, know its going to happen and sit watch. If its any consolation someone(s) just bought 27 million shares at 2.75. This is just the general market, if you look at GCE, with its float, it is trading pretty close to our price and is in full production.If you have been watching the Hang Seng you may have noticed they have been steadily dropping since the start of the month ...more  
Comment by godman on Jun 08, 2011 9:28am
I held this year, but my other two main stocks are up, so if I would have sold in May, I would have lost even more money. One of my smaller plays actually doubled in the last month, sold that one.Market open and you can see the BS manipulation  down 7¢ on 45K, yeah right!!
Comment by pull1 on Jun 08, 2011 9:44am
I expect cmk support at $1.95
Comment by courtney10 on Jun 08, 2011 10:59am
As much has i want to believe in this company, mgmt makes it very hard to do so.  With no guidance or update on company activities,  nothing to keep this from going to $2.00 or even lower.
Comment by pastafagoli on Jun 08, 2011 11:17am
Mgmt is happy.  They sold lots of options in the money and soon will be granted new options once this POS hits the high ones next week or sooner.
Comment by miner8740 on Jun 08, 2011 11:18am
Reports may suggest not reaching production targets for May, 2011, shortfall by 90 % per day
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