Current Trade

Wednesday, January 26, 2011

Taseko

This stock was called the perfect stock by Motley Fool... Is Taseko the perfect stock It is a bit dated, and one of the cylinders misfired... Prosperity was kiboshed, but it appears that it is being rewired, and from a recent updated Nav share price target release... Prosperity may be down, but not out... even so Prosperity if it was removed from the NAV equation... NAV is still 12.67, kitchen table calculation, and as such this target is likely going to be revamped as time marches forward. it is my belief Prosperity will move forward... and the 16.00 price will not only be reached longer term but it will surpass...

Taseko shares had a pretty dramatic drop, and the volatility has been a bit choppy but INMOP if a person was to take a position and average in.. they are dealing with an uptrend that is just getting re-started... I doubt that there will be any more wild dumping like the one just suffered as there is a class action suit being mounted... and I personally doubt that the parties involved would repeat the same maneuver. However, it will be a bit choppy... expect it.

This daily chart Taseko should be viewed in weekly time frame to take out some of the noise and instill some confidence... I will be adding some commentary soon...

I also doubt the improper share selling was done by principles close to home in the employ of TASEKO, and if it was ... It will not impact the stock negatively in the long run, and if such a circumstance was to be uncovered, then the parties  punishment would only solid up the big picture by cutting out the sore.

Take BP for instance... (the gulf environmental disaster of  late)... have you checked the price lately... it is up substantially... Money Talks BS Walks

GLTA Lostoutwest


If you see the hand mousing over screen shots... click on screen shots to enlarge them.

After connecting to a link... you should refresh the page by clicking on the Home button or the Web Page title to ensure the latest updated page

|| Stockcharts Public List ||

|| Kenuck SmallCap Trader || The Gold Report || Korelin Radio || StockCharts You Tube Lessons || Money In Metals || Resource Clips || Stockhouse || Ticker Trax || Bullion Bulls Canada || Lex corp || Track My Trade || National Post || Grandich || Penny Stock Journal || FreeStockCharts || Gold$eek Drill Results 101 || CBCnews || Seeking Alpha || SmallCapPower || Macroaxis || GOOGLE

Please read our Complete Disclosure

No comments:

Post a Comment