posted on
Dec 03, 2009 11:56AM

Welcome To The Kimber Resources HUB On AGORACOM
Creating value through Exploration and Development in the Sierra Madre of Mexico

Message: Re: Beating
I am very confused.....sad......and disappointed. The sector is very complex and clearly does not follow the "rules" of market dynamics.
In the words of John McEnroe, "You have got to be kidding!"
Kimber had a 2 week triple in stock price based on those favorable news releases.
If you thought we would hold onto all of it, without a correction, you were dreaming; that never happens in this or any other market. However this stock in the past traded well above $3.00 and the company is much improved since then. However low it might go is just a better opportunity for someone new to get in while it is cheaper.
So far the correction has been quite modest. Exactly 38.2% of the runup.
It could fall to $1.24 or even $1.10 and still be perfectly fine.
P.
Loading...
Loading...
1
Dec 05, 2009 02:00PM
Dec 05, 2009 08:20PM
New Message
Please
login
to post a reply