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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

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Post by bumperstumper on May 28, 2012 9:55am

New to CMK

Is this worth buying in at this price?  Or shoudl I wait for it to come down??  Thoughts are appreciated.
Comment by shane117 on May 28, 2012 10:06am
Come down???? What the hell do you think it has done lately????
Comment by bond46 on May 28, 2012 10:21am
If this can be of any help. It all depends if you want to be an investor or a day trader. As an investor you buy for the long haul and it does not matter five cents up or down. You can establish some positions at this price, buy some more if it goes down and buy some less if it goes up. Average it out, that is. But if you want to be a trader, I would be more careful especially in a day with low ...more  
Comment by Northguy53 on May 28, 2012 10:24am
why the heck would you even consider buying this stock??....what do you see here??...they announced the start of production in Dec 2010 and have not sold a single lump of coal to this day...makes me wonder what new investors see here...go and buy an actual producer that has revenues ...the pumpers here are people that are stuck here at much higher entry prices...but facts are facts...NO REVENUES ...more  
Comment by aatwal on May 28, 2012 10:45am
You really cannot say CMK is the only coal stock down....the whole coal sector is taking a beating like it did in 2008/2009 and no one was spared! If out of the coal sector only CMK was down than yes I would not touch it! Regardless CMK  may have some issues of their own, ie., production targets being cut, cost per ton and customers to sell to!  Right now CMK maybe just trying to follow ...more  
Comment by tranquills0 on May 29, 2012 8:05am
At it again I see. What a loser.  
Comment by bumperstumper on May 29, 2012 10:10am
ya well shorted for a one day quick turnaround profit of 7K - who's the loser??
Comment by mrny1 on May 29, 2012 10:15am
well u must be be able to foretell the future cause cmk has gained everyday with high lows and higher highs....
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