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: Miner who wrote (11489)	2/23/2003 10:02:43 AM
From: Al Collard	of 11802

Hi John, Your in with TMC-v @$ 31 for 32,258 shares. Chart for TM Bioscience Corp: stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Ll14]&pref=G From the chart of TMC we can see the stock has been in a downtrend for the last month, with resistance @$ .37 it's 20EMA. The close at the low of the day with an unchanged high and a lower low shows the bottom probably hasn't been hit yet, even though the stock is in oversold territory. I would wait for a heavy volume sell-off or a close atop it's 20EMA before going long this stock. (Wait) Good luck with this pick, Al

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