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: The Barracuda™ who wrote (11340)	2/9/2003 12:32:42 PM
From: Al Collard	Read Replies (1) of 11802

Hi X, Your in with PAL-v @$ .40 for 25,000 shares. Chart for Patent Enforcement and Royalties Ltd: stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Ll14]&pref=G From the chart of PAL we can see the stock has support @$ .40 it's 20EMA. On Friday we can see the short black candlestick which represents consolidation, which is a good sign when this occurs atop the 20EMA. The $.40 level looks like a good buy point but one may want to put in a mental stop just below the 50MA @$ .37 (Buy) Good luck with this pick, Al

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