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


To: Buckey who wrote (11449)2/22/2003 9:21:21 AM
From: Al Collard  Respond to of 11802
 
Hi Buckey,

Your in with SXR-t @$ .52 for 19,230 shares.

Chart for Southern Cross Resources, Inc:

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

From the chart of SXR we can see this stock is a true BBB candidate. After falling off the cliff the stock does appear to have found a base as it closed at the high of the day on Friday, albeit on low volume. Definitely, the stock is oversold, but since I have a rule to only go long stocks trading atop their 20EMA I would wait. (Wait)

Good luck with your bottom bounce pick,
Al