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Strategies & Market Trends : Natural Resource Stocks

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To: hubris33 who wrote (43008)8/17/2006 4:20:06 PM
From: Dave54  Read Replies (1) of 108702
 
H33,

Now looking at the recent week it seems nobody knew, fact is looks like a lot of folks are probably not too happy with todays action, unless they were selling short.

Just an elementary exercise, all of which proves nothing that I can see, other than todays sale seems like a good entry based on recent pricing.

Of course tomorrow and the days to come will prove that out as well.

The premise was, does their acquisition of an asset through dilution, effect PPS, jury is still out.

Might have been more conclusive had this been a normal(what ever that is) day in the NR sector.

Dave.

PRICES
Date Open High Low Close Volume Adj Close*
16-Aug-06 10.20 10.32 9.93 10.05 2,026,400 10.05
15-Aug-06 9.88 10.11 9.81 10.04 1,377,500 10.04
14-Aug-06 10.05 10.14 9.72 9.83 1,964,900 9.83
11-Aug-06 10.65 10.80 10.03 10.11 2,691,900 10.11
10-Aug-06 10.77 10.87 10.42 10.61 2,488,800 10.61
9-Aug-06 11.30 11.38 10.72 10.87 3,779,400 10.87
8-Aug-06 11.03 11.27 11.01 11.16 1,628,300 11.16
7-Aug-06 11.00 11.21 10.90 11.16 1,183,900 11.16
4-Aug-06 11.11 11.15 10.82 10.87 1,624,700 10.87
3-Aug-06 10.85 11.11 10.66 10.89 2,539,700 10.89
2-Aug-06 10.68 11.04 10.61 10.96 3,793,700 10.96
1-Aug-06 10.18 10.49 10.05 10.49 1,929,500 10.49
31-Jul-06 10.14 10.23 10.01 10.18 1,277,900 10.18
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