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Bullboard - Stock Discussion Forum Cline Mining Corporation T.CMK

TSX:CMK - Post Discussion

Cline Mining Corporation > Now if we break .17 and hold
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Post by MRSPEC on Jan 25, 2013 1:08pm

Now if we break .17 and hold

it will go back to .20
Comment by biren1 on Jan 25, 2013 1:14pm
well you were spot on with your 14.5 cent call being the  bottom. Hope you are 2-2 mr spec. Looks like the selling is done now, and we are seeing some buying upward to 16.5 cents, and hopefully beyond again GLTA
Comment by MRSPEC on Jan 25, 2013 1:29pm
I was looking at techincal stuff normally it means nothing for pennies, but with CMK it has been working out  I love the 200 MDA  at .40  but  1 step at a time  A close above .24 one day with almost be certain of 30's again  Please keep in mind this could go south as well But I think .25 will happen before we see .145 again 
Comment by biren1 on Jan 25, 2013 1:43pm
i think in cmk's case, you can basically throw technicals out the window here. They have a short timeline for a decision on the company (1 month). In that month, like we have seen thise week, there will most likey continue to be wild trading pattern swings both positive and negative, as people speculate on the future survival of this company. For me, this is still a pure day trade till i hear ...more