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: 1st.mate who wrote (11009)	1/19/2003 8:59:44 PM
From: Al Collard	of 11802

Hi Matey, Your in with CNB-v @$ .22 for 45,454 shares. Chart for Canabrava Diamond Corp: stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Lh14,3]&pref=G From the chart of CNB we can see the short black candlestick form Friday's trading indicating the stock was consolidating. With a close right on it's 20EMA @$ .22, after probing just below it, it appears a short term bottom is in. I would wait to the sideways consolidation trend is over before going long this stock, meaning when the volume picks up. But for those wanting to get in early for the ride, it looks like a fairly safe bet at the current share price. (Wait) Good luck with this pick, Al

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