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


To: Sapper who wrote (1517)3/31/2001 9:12:37 PM
From: Al Collard  Respond to of 11802
 
Hi Sapper,

Your in with LIR-t @$.27 for 37,037 shares.

Chart for Linmor, Inc.(LIR-t):

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

Looking at the chart for LIR and the 1st thing that comes to mind is yuk, what a downtrend. The one indicator that stands out is the ADX at 45.2, a reading over 40 usually indicates a trend change. This stock is so oversold and is trading at new 52 week lows that I for one expect a bottom bounce and soon. Will be interesting to see if the ADX actually is the 1st indicator to predict the turnaround for this stock.

Good luck with this pick Sapper,
Al