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Bullboard - Stock Discussion Forum Admiral Bay Resources Inc V.ADB

TSXV:ADB - Post Discussion

Admiral Bay Resources Inc > ADB.V is about to take off...
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Post by chenteddybear on Aug 04, 2010 2:45pm

ADB.V is about to take off...

EOM
Comment by chenteddybear on Aug 05, 2010 5:24pm
1. stock is under heavy accumulation and asks are getting thiner. Bids will move up.2. short term base building at .025 (where most trades happened) and is building the momentum to hit .033. once .03 (200 MA) gets taken out, it will go to .06 within days, and will try the SP range between .09 and .114. no debt, positive capital, furthur asset sales.5. AGM comming up in 1st week of Sept. SP will ...more  
Comment by stock2008 on Aug 05, 2010 5:25pm
I agree.  I would like an elaboration of when this is going to happen and if you have positive information from some source.  You haven't posted much so there must be a reason why you are so sure that ADB is going to take off.  I would like to see that too but you need to back up your statement.  It's like me saying that microsoft is going to tank tommorrow.  ...more  
Comment by chenteddybear on Aug 06, 2010 12:40am
I missed two most important points in my last post:1. SP is severely undervalued.  The current SP level was driven down from 0.10 based on the speculation that the company was going into bankruptcy. But now, no bankruptcy, and instead, no debt and has positive working capital and assets.2.  Company significantly increased its financial flexibility with a ...more  
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