Welcome to the Equinox Gold Hub On AGORACOM

Free
Message: Re: Action Today
1
Aug 04, 2010 02:28PM
1
Aug 04, 2010 02:37PM
3
Aug 04, 2010 11:47PM

Wopster: I've made so much money on CMM it's crazy. I can always pick the local bottoms and tops.

Glorieux is also spot on about catalysts for price appreciation too, to the best of my very limited rookie knowledge. I think the price will flounder in its range til nearing the end of Aug, when some anticipation may bump it into a new range temporarily, probably .52 to .58. Release of production numbers will be followed by a drop back to the bottom of that new range, and then more range trading til news leaks about a new CEO & Pres.

Just a gut feeling, no particular reason for anyone to believe me, but it's what I'm betting on for my own moves in CMM going forward.

I'm also trying to keep 20%-30% in cash, assuming there will be a large market drop in Aug-Sep that provides many good opportunities.

4
Aug 05, 2010 02:20PM
1
Aug 05, 2010 09:54PM
1
Aug 06, 2010 12:03AM
Share
New Message
Please login to post a reply