Cline Mining Corporation T.CMK

You guys baffle me

[kingyahoo]

I read Bond's post, and others. I have to give my head a shake. Here is a stock that  had reached a bottom of 5 cents and is now ,21 cents and you think you are having a bad deal. You fellows know $#(*G all about trading. Remember what I said: I do not mind paying more for a stock if I see life. Well yesterday I added and bought at .15 and .16 cents and this morning at 20 and 19 cents.

Now we are having the usual game. Keep it down from moving up. Who in his right mind would jump in to sell for less?

[biren1]

keep in mind kingyahoo, we have basically seen a quadruple in price here in a matter of 3 days or so. So there has to be a little price consolodation downward due to profit taking. If i was a new investor, i would be cautious to buy in at these levels, till i see some continued buying strength, which temporarily has dissapeared. Best to just watch the trading at the moment to see what happens, and

[unclesam2]

  Biren I agree with you regarding price consolidation after a sharp move like this. But, I am not sure if this thing will consolidate. I totally disagree with you regarding the buying strength. Look at the volume today, More than 8 million shares in the first 1.5 hour of trading. The volume might surpass yesterday's at this pace. This game is being run by the "big boys" for

[kingyahoo]

biren, if I come up with all the theories in the world,I would be wasting my time. I still have some at 5.5 cents. One does not have to be an Einstein not to keep a handful at 5 cents. As I mentioned, I did not look at CMK much, except that it had not dropped to 4 cents or less. Now people are coming up with non-sense. If you bailed out, move on, as you cannot change anything. Now that CMK has

[biren1]

well i am still holding some shares that i rebought yesterday at 14 cents, but have stops in place between 17 and 18 cents if it drops. I agree that there is buying strength still, but there is also selling strenght at this point as well. My only point was for new investors that they should be a little cautious of getting in at these levels. Nothing wrong with buying a few shares if you believe

[bestbrew]

Its about trading but its also about valuation, they do have good quality coal coaking coal which is in high demand 

[kelso01]

at these trading levels... someone knows something.

[kingyahoo]

In recent months, I have not come across a stock with one leg in the tomb. only to reincarnate and moved from 5.5 cents to ,22 cents in 3 days. That is one thing. The other is volume. Does it mean anything if the volume is huge in the first 15 minutes of trading? Those who have inside information did not hesitate to buy at the going ASK. Now we have the little guys, the shorts, who will sell for

[NRV]

Not all of us are as smart as you or have insight, we are simple people who bought at either .085 cents or .145 cents and sold at .020 cents. Simple math and profit. I agree your right, but what to do?

[biren1]

dont take things personally here NRV. You should be happy you have come away with a nice profit for the week. At the end of the day, profit is still profit no matter what the amount ,and that is why we invest in the market in the first place. CMK has had a great run, and might still continue to do so. But this is still a company with a lot of debt, no forseable sales contracts in place for their

[NRV]

I have another issue, my wife wants to the total $4200 i cahsed out back in the bank. I feel lik putting it all in CMK again, because I feel Monday morning it will be .32 cents.... hmm. Greed is a funny thing. I first hated this stress now i miss this stress.

[kingyahoo]

Added all the way down to .145 cents. Not sweating.

[kingyahoo]

What I bought at .145 cents, I sold at .175 and I have plenty. Look guys and dolls, if you selling high and you buy low, you are doing greatr. If in thde meantime, you are milking othet stocks, you cannot be losing money! Now I want to buy back at .165 all the way down to .12 cents. One never knows, buy I doubt it.

[MRSPEC]

Its a great spec for sure congrats on your profits, I think more to be had here in the next few weeks.  ROZ will go or I should say be .15-.20 very soon this is based on their massive land package  

[biren1]

well just stopped out at 17 cents after rebuying today at 14.5. I am done for the day. Hope for an upsurge in price into the close, and come next week for you guys still holding. I will look to see what the trading is like next week, before i make a decision to re-enter Overall though, it's been a great and unexpected 3 days here of profits GLTA