SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: kodiak_bull who wrote (41580)4/8/2005 1:52:13 PM
From: mred1998  Read Replies (1) | Respond to of 206223
 
KB - Thanks for your comments.

Technically, since mid 2003 I see a well defined, upward trending channel with the lower line currently a bit below 12 and the upper line a bit above 15.

I think the fundamentals support continuing cash inflows into the sector and the stock, so I am willing to try a small bite here at 11.78. I will scrub the financials a bit more to ensure there are no cash flow bombs and possibly add more on further weakness.

Mr Ed.