Post by
wildman2 on Jan 01, 2011 3:22pm
Price Action
Okay, please understand this is firstly a very short view of CDO and not a long term thought post.
With that said....
That was a very productive day I felt though it didn't look like it to look at just the price. Day one is the big move. Day two is the secondary follow through. Day three is the profit taking. A long held pattern.
And for a day three, that was some awesome strength that should carry some follow through higher for CDO. We tested down all day, but no one was feeling any fear to trade it down again.
When the sellers realized there was nothing in the air to bring this down, the buyers stepped right back up.
I found the action yesterday to be bullish and am pleased I sold only a portion.
And why should it not be bullish. It is in the most bullish sector that the world has seen in a very long time.
Comment by
Rambo007 on Jan 01, 2011 3:43pm
Just need some more good news...........The volume traded in the last couple of months was more than the last 9 years combined...Yes CDO is very bullishhttps://stockcharts.com/freecharts/gallery.html?s=cdo.vhttps://www.quotemedia.com/results.php?qm_page=22531&qm_symbol=V.CDOCheers
Comment by
Rambo007 on Jan 01, 2011 3:50pm
https://www.quotemedia.com/results.php?qm_page=22531&qm_symbol=V.CDO
Comment by
pick4ore on Jan 01, 2011 4:48pm
This same pattern has been going here at CDO for many weeks now. Despite millions of volume every day, there has been little or no change in s/p. Very odd. Not positive for CDO at all. If there was real interest in CDO from real investors, the s/p would increase significantly more than it has. What a pitiable state CDO truely is in.
Comment by
ramblersrest on Jan 01, 2011 6:53pm
Recent addition of good properties and share volume in the last 3 months portends this co. hooking onto the bull market .The last few months has had historical high volume . These shares at 6 cents will be in multiples within a reasonable time .This is an interesting play and is being accumulated by an expert i know in the REE field .The leverage here should be quite high going forward .
Comment by
Rambo007 on Jan 01, 2011 10:06pm
https://www.candorado.com/i/pdf/Eldorado-Geology-map.pdf
Comment by
Rambo007 on Jan 02, 2011 1:27pm
It would be nice to see a JV with CIN and CCE as well To reduce costs..........Team workProbability is good
Comment by
trader4ever on Jan 02, 2011 4:48pm
What? Are bashers now saying CDO will be delisted ? I laugh my a§§ off LOL (Do not read bashers posts here anymore so I do not know what they write....but I would not wonder LOL)