Post by
zeee on May 06, 2012 3:20pm
monday open?
waiting to see what will happen monday it definitly looks cheap for what is going on but there was selling all the way from .24 to the close so will be interesting to see what happens.
Comment by
Horn1369 on May 06, 2012 6:50pm
My guess is it will gap up to 0.18 and will close around 0.24 with 10 to 15 mil volume. This weekend the news was all over the place. GLTA
Comment by
Smiles48 on May 07, 2012 7:24am
Come on, you can't be serious, an almost 5 cent jump on a 13 cent stock?????? The party for an insider was Friday, right after the news release.
Comment by
stateside on May 07, 2012 8:48am
The CAD institutions first need to sell off all of their "inventory" for a penny gain before the stock can rise. This is their mentality.....sell when you see volume regardless of the potential of a stock. That is what they have been trained to do. Could see $.10 again - just depends on the incompetence level of the CAD institutions holding the stock. stateside
Comment by
UpperSide on May 07, 2012 8:59am
Enough of this - plenty of Canadian stocks rise on good news. I think we will see CEX correct in price over the next 30 days. Just my opinion of course
Comment by
stateside on May 07, 2012 9:37am
CEX rose on good news as well - up over $.20 which is where the stock should be based on valuation. As you can see this morning, valuation doesn't matter. It's almost like the successful well never happened. Only selling off inventory matters. Once they have all sold, the stock will rise to over $.20 again. stateside
Comment by
MRSPEC on May 07, 2012 9:41am
I am shocked as well I would of paid .25 -.30 on this type of news but I seen selling im in this am if it drops below .125 I would be surprised I think a close at .18 could give us a another crack at .20's this week