Thursday, September 16, 2010

Finally! A good day for us!

Up 15% today. This also confirms the triple bottom and is important from a technical standpoint as we busted through the 20 and 50 day moving averages! I'll try to post a chart later. Great start - we still have miles and miles to run from here! Also, let the conspiracy theories begin about the stock being "held back" for the PP? Sure seems a little fishy.

A happy cheers today,
RE

8 comments:

PSL said...

Can't be just coincidence that PP closes same day.

chillby said...

Well done, lads. Maybe we'll confirm tomorrow and start looking forward a bit!

bigjohn37 said...

Hi R_E & All,
Let the fireworks begin, and may the naked short-sellers & other conspirators lose their shirt!
GLTA!

chillby said...
This comment has been removed by the author.
real_economics said...

Anyone stupid enough to short CMM will lose every penny they have and more. Why would you short a equity that is trading far below the liquidation value of it's resources and at 1/5-1/10th of it's current fair value????? Talk about willingly putting your head in a guillotine. haha

RE

roxy14 said...

Its alive!!!!!!!!!

Wingfong said...

I am looking for it to fly pass 0.55 soon

Wingfong said...

For a co like CMM and in such advancing gold price environment, shorting, in all probability, is senseless and capitulation is equally unwise (did see it went on by the millions in the past couple of days). The only reason I can think of is ignorance. Probably these speculators/investors have $ in their eyes only and nothing else. Strongly feels that it is our turn to cheer. Cheers!