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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: loantech who wrote (10397)5/3/2006 12:51:46 PM
From: kacy_in_LA  Read Replies (2) of 78419
 
IMHO .... don't try this at home, kids! :)

CKG is range bound, and I would sell if it closes below 5.40 (and sell harder below 5) and buy if it closes above 6.20 or so. Problem here is that there is plenty of resistance above and support below, so how it breaks and whether it runs when it does will not only depend on some news (if it ever appears) but also on how good it is. Given its lack of liquidity, I don't like it and have taken it off of my watch screens ... I figure if anything does happen there will be so much chatter here that I will find out soon enough!

GGC I've never before looked at, but I like this chart and would (may) be buying in here for what looks like a coming breakout. Liquidity, however, is not great, so that might stop me. Risk for a buy in here would be to 2.25 for me, so a relatively tight stop. It needs to get up and go or I'd get out.

MMGG is another one I've not looked at before. Chart is range bound, with an apexing triangle that could break either way. I would buy it if news was coming sometime real soon, otherwise there is a good chance that the whole thing will leak out the end of the triangle and drift down, especially with summer at the doorstep.
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