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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?


To: The Devil Dog who wrote (1163)3/17/2001 3:51:04 PM
From: Al Collard  Respond to of 11802
 
Hi Wayne,

Your in with CD-v @$.14 for 71,428 shares.

Chart for Cantex Mine Developement Corp.(CD-v):

stockcharts.com[l,a]declnimy[pb50!c20!b100!b200][vc60][iUg!Ll14!La12,26,9!Lf!Lh14,3]

Looking at the chart on this stock and one can see it has been in a period of consolidation in a fairly tight range.

The one major concern would be the sell-off on Friday on above average volume. Seems House 141 Bolder ran the price down on Friday with net sales of 192,500 shares. This sale by Bolder just killed all the indicators to the negative side, but the stock does look oversold at this point.

Will be interesting to see if Bolder is done selling and if they are I would expect a bounce from these oversold levels.

Good luck with your pick next week,
Al