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Gold/Mining/Energy : Colossal Resources - CLPZF - Colbalt in Zambia

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To: kfdkfd who wrote (261)5/23/1997 12:05:00 PM
From: Steve Huskey   of 501
 
<<Looks like we are back in the tank again>>

Well, some TA.

GROAN. An "evening star" on the weekly charts!

We could easily be looking at $1.00 here in the short term.

With that in mind.... I believe now is the time to get greedy.

$1.00 for this stock is an absurdly low price. If it hits it, it wont stay there, probably not even for 2 hours. In fact, if it does hit it, it will probably be on a price "dip" that occurs at a bottom just before a rally.

I use greed to help me bid low. Putting in a bid at 1.10-1.25 over the next few sessions would be a nice contrarian move at this point.

If the price remains really volatile like it has been lately, there's some easy money to be made here trading.

Steve (bidding for a dip)
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