Current Trade

Wednesday, May 27, 2009

ATW.V

Grandich puts a positive spin on the non-delusive financing and I agree, but the ramp to the high of .85 was likely a financing leak.

As far as market motivators go, my thoughts on the financing liken it to hedging, and hedging will likely have a bad impact short term, but, short term, after the price settles,... long term... this should be a solid bet for some type of safe play.

She's a hot watch for now. As with all financing, there is usually selling as the financiers close out old positions to make new money. The public can get caught up in this move and weak hands can get washed.

GLTA Lostoutwest
Kenuck SmallCap Trader

National Post

Grandich

StockCharts Public Chart List

CBCnews


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