Building a base at 5.50

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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NOTgonnaLOSE

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Building a base at 5.50

posted on Oct 30, 2007 08:23AM

The walls keep going up, keeping us at 5.50. I expect a spike soon, because the big boys buying in at sub 5.50 are expecting to make some money today.

If today was a crash, it would have dropped substantially more than it has.

As Alcollard said, everytime we have a release, we see a big dip, then a gain. The shorts use the philosophy, buy on spec, sell on news.

However, when the news is good, good things happen to the SP, which is why every share sold by a short, is picked up in large chunks.