DON.V technically looks like a stock on the rise... It has popped and fallen back to support(.17)... although it appears to be slow, it is probably one of a few good low risk summer picks for a move that may last into the fall or longer, and it is possible to see 100 to 200% at some point in a relatively safe price range. Anything above .80 cents may be construed insanity and insanity may be justified at the time.
Fundamentals are good... As I have said before it is just a case of more interesting possibles elsewhere, however 10,000 shares under .20 cents preferably under .19 should see a double at some point. This pick remains in our pick portfolio because the price to the fundamentals suggests good potential in a moment of insanity, however compared to some other juniors... even without the insanity, Don is a solid gorilla play.
A cut or three above a poker play as with all Juniors with good speculative fundamentals.
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This blog does Technical Charting on Online Canadian, and American Stock Plays to find the movers
( This site is not about being pretty... It's about self education in the art of gorilla charting and swing trading!
Friday, May 29, 2009
Wednesday, May 27, 2009
Can you see it? Market Move
I'm seeing the volume but the price move is stale, this last week of May going into June has traditionaly been hard to play unless you go for stink bids.
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GLTA Lostoutwest
Kenuck SmallCap Trader
National Post
Grandich
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CBCnews
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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.
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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
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Grandich
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LGO.V
Poker play strategy, for entertainment only.
LGO.TO is bullish and the best way to enter the fray is to bid .095 or even .09 for a period of week maybe more, don't enter the bid on a daily basis.
Entering the the bid with a weeks expiry will let you creep up the huge bid to the top of the pile as those who do the daily thing expire and re-bid.
This approach cuts risk and is absolutely necessary to preserve buy low. Don't chase.
Buy under .11, you can get .10 if your willing to be more risk tolerant.
GLTA Lostoutwest
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LGO.TO is bullish and the best way to enter the fray is to bid .095 or even .09 for a period of week maybe more, don't enter the bid on a daily basis.
Entering the the bid with a weeks expiry will let you creep up the huge bid to the top of the pile as those who do the daily thing expire and re-bid.
This approach cuts risk and is absolutely necessary to preserve buy low. Don't chase.
Buy under .11, you can get .10 if your willing to be more risk tolerant.
GLTA Lostoutwest
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BQI great TA oversold and rising?
This the third of three, of which, and the preceding two mentions are potential takeovers of which BQI is the lowest and best positioned for an entry based on TA.
On the American
The buying range appears to be in the .80 to 1.00 area, however recent trend analysis and level II observations suggest this window may disappear soon.
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On the American
The buying range appears to be in the .80 to 1.00 area, however recent trend analysis and level II observations suggest this window may disappear soon.
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CLL.TO
Takeover potential
Update soon after some research, TA, and level II
Just out today... Huge dilutive financing is bad for short term and TA suggests lower prices... If things went to .60 cents and hard to say if they will I might be a buyer.
Long term what a gob of cash.
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Update soon after some research, TA, and level II
Just out today... Huge dilutive financing is bad for short term and TA suggests lower prices... If things went to .60 cents and hard to say if they will I might be a buyer.
Long term what a gob of cash.
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UTS.TO
Takeover potential
Update soon after some research, TA, and level II
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Update soon after some research, TA, and level II
GLTA Lostoutwest
Kenuck SmallCap Trader
National Post
Grandich
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CBCnews
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WZL.TO
Level II shows a decidedly bullish upside gap between the bid and ask and there appears to be active accumulation. The trend is up, but volume is down making this a slow move, patience will likely see as much as 50% from here. The quarter was good but down and a recent issuers bid has been in affect. Both releases are market motivator type influence and WZL.TO has responded well.
There is no sellers to speak of and the price should drift up slowly, the only caveat is the doldrums. The lack of volume is good in that if it picks up, WZL could make a quick move.
Shares Outstanding are approx 30,000,000
Until then the move is slow where a bid at .99 or 1.00 would be the desired type entry. Don't chase.
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There is no sellers to speak of and the price should drift up slowly, the only caveat is the doldrums. The lack of volume is good in that if it picks up, WZL could make a quick move.
Shares Outstanding are approx 30,000,000
Until then the move is slow where a bid at .99 or 1.00 would be the desired type entry. Don't chase.
GLTA Lostoutwest
Kenuck SmallCap Trader
National Post
Grandich
StockCharts Public Chart List
CBCnews
Please read our Complete Disclosure
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