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


To: Andrew who wrote (2054)4/23/2001 4:15:40 AM
From: Al Collard  Respond to of 11802
 
Hi Andrew,

Your in with BGO-t @$.32 for 31,250 shares.

Chart for Bema Gold Corp.(BGO-t):

stockcharts.com[h,a]djclnimy[pc20!b50!b100!b200!b10][vc60][iLh14,3!Ll14!La12,26,9]

Looking at the chart for BGO we can see the bearish candle from Friday's trading where the stock had a little sell-off at the end of the day. The Stochastics shows the stock is nearing over-sold territory and the MACD and ADX are both negative pointing to possible further downside. This stock is a pure play on the price of gold so will either run or sell-off with the rest of the gold stocks.

Good luck with this pick,
Al