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


To: Don Pueblo who wrote (5250)12/2/2001 10:35:04 AM
From: Al Collard  Read Replies (1) | Respond to of 11802
 
Hi TLC,

Your in with RXD-t @$.95 for 10,526 shares.

Chart for Rex Diamond Mining Corporation:

stockcharts.com[l,a]djcanimy[dc][pc20!b50!b100!b200!f][vc60][iUb14!Ll14!La12,26,9!Lp14,3,3!Lc20]

From the chart of RXD we can see the stock is currently testing the support of it's 20EMA on below average volume. The chart indicators are mixed with a bearish bias. If the stock can hold support we should see a re-test of the resistance of it's 100MA @$1.25, but a failure of the support and it could be looking at new lows. Not one of my favourite chart patterns, but as we all know these puppy stocks move on news and this stock hasn't had any in two months so it is due.

Good luck with this pick,
Al



To: Don Pueblo who wrote (5250)12/2/2001 10:45:13 AM
From: Al Collard  Read Replies (1) | Respond to of 11802
 
T.L.C.,

For a stock picking challenge of Canadian stocks over $3.00 but under $10.00 there is another thread. Just really getting it up and running, so it is kind of slow.

Subject 51861

Welcome to the under $3.00 thread and good luck to you, always nice to see some new entrants on board.

Regards,
Al



To: Don Pueblo who wrote (5250)12/2/2001 8:38:05 PM
From: marcos  Read Replies (2) | Respond to of 11802
 
Aha, couldn't resist the draw of that seven-day supreme glory of guruhood, could you ... you're supposed to kneel in my presence you know [but only one knee this week as it was a tie] ... Rex is a story, and a great trader, one time about two [three?] years ago i got a double or so out of it, sold way too early thereby missing a total twelve-bagger or so, aaargh ... it has, or had anyway, a dedicated belgian promotion cadre who used to post up a storm on stockhouse and on some private belgian site .... here's its stockwatch thread, you may find it interesting - wwwa.canada-stockwatch.com
... they tend to Rex-doubting over there ... but you could go over and try to convince them of its merits by Friday, never mind that others have tried and failed -g- ... none of this is to suggest that it isn't a great trader, it always has been ... and hey i see what you mean by head 'n shoulders, yes

Ok, you may rise -g-