Post by
richardtrader on Sep 30, 2011 5:18pm
Do your own DD
I,was one of the investors in WTN.ca Western Coal
stock on a steady up trend so I bought $6.17 hit $6.80 then steady downward trend to $4.00
traded sideways about 3 weeks,then total reversal climbed to $7.00
next day,takeover announced
Open $14.75
Point: same crap happened back then in markets GREECE,GERMANY EUROPE
4 years ago.
My advice to the weak at heart wait until the bottom, then watch for price appreciation upward trend for at least a week then consider entry point.
Me,I stand alone I bought high $2.12, $1.45, $1.30 averaging down
I, will continue to accumulate at these level's,actually I placed a buy order today DECLINED should have hit time was only 3:59 oh well
History always repeats it's pattern.
Just as we are testing historical LOW'S
There may be a chance we test historical HIGH'S or HIGHER HIGH'S,TAKEOVER?
I,WANT TO BE IN THE MONEY WHEN IT HAPPENS.
Comment by
miner8740 on Sep 30, 2011 5:33pm
CMK may report a quarterly loss of 40 million with very little revenue.i suspect that cmk may used the last capital raise to cover the working capital hence not buying continious miners machines.CMK may drift below dollar next week.