Realist
Billie Jean is not my lover
- Joined
- 1 June 2006
- Posts
- 2,057
- Reactions
- 3
cuttlefish said:looks like there were a fair few stops at 33.5 and 32 - both pretty obvious stop levels - intraday low and yesterdays close. (my trailing was at 33.5 but only got 32.5/32 on execution).
Be interesting to see what the next round of drilling produces - certainly an interesting couple of drill holes in this lot.
I don't consider the recent director purchase a significant amount. approx.$10,000 BIG DEAL!!!Nicks said:Its always a good sign when the Director is buying stock though! Dont kick yourself when tomorrow this returns to 0.37 or higher. All it will take is a commodity price increase overnight.
imajica said:what an insane trading day for cqt. looks like a lot of profit takers dragging the price down in the afternoon. the trick is not to panic. when new drilling results are announced in the near future that confirm the commercial viability of the deposit the shareprice will rocket. some people are just getting cold feet. after all it is a highly speculative buy and most people have conditioned themselves to act conservatively in such a volatile trading environment. Hang in there guys. the drilling results are quite impressive. if this can be averaged out over the entire magnetic anomaly they are currently assessing then this could mean a few billion dollars worth of copper, gold and silver. already adding to their sizeable resource base.
I'm nervous about tomorrow but am still holding
imajica said:just remember guys that in the afternoon the index dropped 40 points or so. people were selling off across the board not just in Conquest.
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