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

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To: D.R.A. who wrote (1949)4/20/2001 8:56:20 PM
From: Al Collard  Read Replies (1) of 11802
 
Hi DRA,

Your in with PMC-v @$.24 for 41,666 shares.

Welcome to the Stock-Picking Challenge DRA. It's always nice to see some new entrants and we all look forward to any input your willing to put into the thread.

Chart for Payment Services Int(PMC-v):

stockcharts.com[l,a]decanimy[pb50!c20!b100!b200][vc60][iLa12,26,9!Ll14!Lh14,3!Lf]

Looking at the chart for PMC we can see the stock is currently trading under all it's major MA's and had very light volume on Friday indicating no NR's are expected near term. The Stochastics and MACD pointing up are the two positives on the chart. One point of interest is that the +DI has been below the -DI on the ADX for the 3 month period of this chart. An ideal entry point on this stock would be if and when the +DI crosses over atop of the -DI.

Good luck with this pick,
Al
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