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


To: Miner who wrote (10906)1/12/2003 5:23:19 AM
From: Al Collard  Respond to of 11802
 
Hi John,

Your in with DMX-t @$ 2.60 for 3,846 shares.

Chart for Dimethaid Research, Inc:

stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Lh14,3]&pref=G

From the chart of DMX we can see the long black candlestick from Friday's trading showing the bears were out in full force as the stock closed near the low of the day. If I owned the stock I would hold, with a stop loss around $2.50 just under the support of it's 20EMA, with the thought this level must hold or the stock is going much lower. If I wanted to buy in I would wait to the stock broke over the $3.00 level which would be a confirmation of another bull run. (Hold)

Good luck with this pick,
Al