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

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To: Carter B who wrote (10236)11/24/2002 6:40:44 PM
From: Al Collard   of 11802
 
Hi Carter,

Your in with MGX-t @$ .16 for 62,500 shares.

Chart for Mosaic Group, Inc:

stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Ll14]&pref=G

From the chart of MGX we can see the stock has been a "falling knife" for the last six months, with sell-off after sell-off occurring on the way down. At some point a bottom should be in and the stock should have a good bounce, just not sure when that will be. The chart indicators aren't giving any early bounce signs and are very bearish at this point.

Good luck with this pick,
Al
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