Anvil Resources (V.ANV) Message Board

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Gold/Mining/Energy : Anvil Resources (V.ANV)

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To: Alan Brezin who wrote (1901)	9/10/1998 10:21:00 AM
From: Peter	Read Replies (3) of 2214

The thing that really irritates me is that I went against my own trading rules and got emotional in buying Anvil (and/or not enough experience). From the time that Anvil was at 30 cents to the time it climbed to $1.47 the price graph was clear cut. The MACD showed that at that peak the stock price was losing support. The stock price graph now shows no indication of bottoming out or rebounding. It'll take the slow development of the gas field for a price recovery. At this point there are a lot of questions associated with this point. Apparently the proposed 25% increase in stock has been a regular event at the annual meeting which has not been implemented over the past few years. Now. Do I stick with this stock or sell out and look for another that will quickly make up my current losses with Anvil? A rhetorical question. Out of curiousness. How many on this thread believe that Anvil has a strong future?

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