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Gold/Mining/Energy : Canadian Rocket Red's Picks

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To: aknahow who wrote (17012)11/7/2007 3:42:19 PM
From: lexi2004  Read Replies (1) of 19697
 
Hi George,

You are much more into the company and FA than I am. The reason I said what I did is that I've noticed some of these wee ones having quite a run lately and CGLD was one example. I often see metal stocks on various scans I use that show they've moved considerably. Can't think of examples right now - I'd have to look back and see. I'm sure you know how traders can run a stock up if nothing else based on hype and them being in a hot sector. So that was my reasoning. I'm not always right, but those were my thoughts.:) ST can mean various things to me. It can mean anywhere from a few days to 3 months or so. Hope that helps explain my comment...
George, as you well know stocks don't move just on fundamentals. A good example I give is a stock I traded years ago. It was an energy stock with no full time workers and no well. I made at least 100% on it.:) Not saying that's the way to do it, just saying that's the way it can be.

Have a good day,

Lexi
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