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Bullboard - Stock Discussion Forum Woulfe Mining Corp WFEMF

Woulfe Mining Corp is a mineral exploration company. It is engaged in the acquisition, exploration and development of mineral properties.

GREY:WFEMF - Post Discussion

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Post by Profit79 on Jan 08, 2013 4:52pm

TA...

Ive been trying to explain that TA is not gonna get any of you anywhere (when it comes to penny stocks), just follow the yellow brick road. You have all been forewarned.
Comment by Zynfandel on Jan 08, 2013 5:24pm
The long-term uptrend is still intact.
Comment by Segusmundo on Jan 08, 2013 8:15pm
I agree Zyn, the long term trend remains intact. Today's price and volume action was disappointing because it didn't provide the higer closing price confirmation we were looking for. On the other hand, today's trading results were again equivocal. VWAP (volume weighted average price) on WOF.V was .281 per share. Shares traded as high as .29. The close at .275 was late in the trading ...more  
Comment by Dextonite8889 on Jan 08, 2013 8:51pm
RUN FOR THE HILLS!! Forget the woman and children RUN!!
Comment by StockExpertPro on Jan 08, 2013 8:53pm
Seems like there is a lot of light weights who are holding Woulfe Mining stock. Why would anyone sell their shares of WOF now? The company is on the verge of closing a huge deal with IMC which is a subsidiary of Warren Buffett's company Berkshire Hathaway. https://www.woulfemining.com/s/PhotoGallery.asp Then these same light weights who sold will end up buying back into WOF ...more  
Comment by Segusmundo on Jan 08, 2013 11:56pm
Hi Dextonite. Are you referring to WOF with respect to a death cross, or some other security or index? The first chart attached below reflects that WOF isn't close to a death cross (200 day simple moving average share price breaking above its 50 day simple moving average). Moreover, I think many only consider death crosses significant only when accompanied by material fundamental change(s) and ...more  
Comment by Segusmundo on Jan 09, 2013 12:08am
Hi Dextonite. In my haste, I didn't read the subject of your post "short term" death cross. I think you were referring to the 50/21 SMA potential cross. Thanks for noting it to keep us all updated!
Comment by Zynfandel on Jan 09, 2013 10:50am
I don't hate the chart below. We have made a light "touch" on the MA50 based on the weekly chart. Both the MA 50 and the MA 200 are on the rise and we are still surfing on top of them.
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