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: Bearcatbob who wrote (11408)	2/16/2003 1:27:00 PM
From: Al Collard	of 11802

Hi Bob, Your in with IEY-t @$ 1.50 for 6,666 shares. Chart for Impact Energy Inc: stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Lh14,3]&pref=G From the chart of IEY we can see the stock has been selling off on average volume. The chart indicators are showing the stock to be oversold and the stock did bounce up after touching support in the $ 1.30's. The bounce back to the 200MA of $1.50 and closing at the high of the day on Friday may bode well for early next week. Since I refuse to go long a stock trading below it's 20EMA this looks like a wait and see stock to me. (Wait) Good luck with this pick, Al

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