Canadian-under $3.00 Stock-Picking Challenge Message Board

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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge

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To: Al Collard who wrote (1971)	4/22/2001 2:36:35 PM
From: Al Collard	of 11802

I'm in with NXS-t @$.215 for 46,511 shares. Chart for NEXUS Group International Inc.(NXS-t): stockcharts.com[l,a]decanimy[pb50!c20!b100!b200][vc60][iLa12,26,9!Ll14!Lh14,3!Lf] Looking at the chart for NXS we can see how the stock has been trending just under it's 100MA for the last two months. Just last week it tested this resistance level only to be pushed back down after bumping into it. The MACD and ADX are still positive and the Stochastics is right in the middle of the road. All in all a fairly neutral chart. My reasoning for picking it in the contest is for the rumours of a NR in the near term and I'm also in the stock @$.22 in a daytrade that hasn't gone anywhere. regards, Al

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