NEWALTA CORPORATION T.NAL

NAL on the rebound from a double bottom?

[EstevanOutsider]

Looks like it.  Strong rebound possible as per technicals?

[compsys68]

I agree 100 % we just need to get past 1.00 and hold for a least a week. I'm thinking that tax loss selling is what is keeping us down below 1.00 still, last day for tax loss selling is the 27th. GLTA

[EstevanOutsider]

The low volume leaves us suspectible to manipulation but hopefully the new year sends more buyers our way:  credit upgrade, strong yoy growth, more promising outlook for oil prices, increased activity, shoudl all bode well for Newalta. As a stock that lost money all yr, I would "guess" this stock has been hit particularly hard by tax-loss selling, which hopefully means we will get

[compsys68]

#StrongBump Gordon you were right about the strong move up... need to close strong in the next 30 minutes GLTA