Agoracom: Small Cap Investment - Canasia Industries

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Fork in the road?

nwoboy

Oct 26, 2009 01:56PM

DrFill

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Re: Fork in the road?

in response to

Fork in the road?

nwoboy

posted on Oct 29, 2009 08:56AM

Stochastics and RSI indicate that CAJ is definitely oversold but it could stay oversold for a while given that they're only "planning a bulk sampling program". Probably a reasonable buy here as long as Gold holds above 1024.0 but if management drags its heels it could come a little cheaper in a couple of weeks.