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Gold/Mining/Energy : Copper Fox

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dsikorsk
To: Theotokos who wrote (10572)3/7/2019 11:10:29 PM
From: louel1 Recommendation  Read Replies (1) of 10654
 
I never bought it expecting an immediate gain. It is so low priced with minimal shares and exploration planed on their Quebec property this coming summer. It was Nov 5 / 18 they announced their intended 2019 program. Immediately price began being PUSHED down. Price does not fall naturally when a program is announced at the sane time volume suddenly increases. A couple lenders can sell the same shares back and forth into the bid. It frightens the average retail and they then dump what they have pressuring price farther.
According to BOP And MACD accumulation began on Dec 14. TSV one of the best indicators ever written for accumulation/ Distribution. Went positive 2 days prior. Since mid Dec average Volume has been over 250 k Daily
I placed a bid for 50k at 2.5 cents in Jan. and never got any so I raised it in Feb to 3.5 and got 30 k to many bids ahead I guess. so I bought the last 20 at 4 cents. It has not been below that price since the 28 of Feb. So if I were you I would submit a 4 cent order for month and see if it hits. Friday and Mondays are usually slow. Today the markets pulled back you may get filled instantly or other bids ahead of you may have to clear

I doubt it will drop below four again now. If you have a direct entry system from your computer you can re adjust it ant time. If you do not you should open one with TD they supply Level 2 and trades are $9.95 in or out. I am with Royal Bank Action Direct but I believe TD is better.
I also use Worden Real time direct Brokerage for US Stocks. Only pay $4.95 a trade there.

From 2012 to 2018 the adjusted stock price for Secova ran from 40 to 70 cents. With promotion later this year when drilling starts I see no reason why it won't hit 40 to 50 again. barring a full blown recession. However I intend to take half off the table around a ways up perhaps 15 to 20 cents and let the rest incubate. In the meantime trade some others.

SKE is about to make another leg up I think, Just like ROS did. After I sold at 17 I bought back in only a penny down when it started up again. I'll dump it again soon and keep a thousand or two shares if it stalls as their drilling again
PONY made a break out today. BV there is $6.47 so it's undervalued. It is Nat Gas
AAV Just above and retesting support. I would put a target on that around $3.30.

So many good looking potential trade Charts showed up in my scan today. Over 30 candidates on a down day in the market
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