Re: This thread for Investment ideas, list of what you are buying and why

Welcome to the Crystallex HUB on AGORACOM

Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

Reply New Message

Prev Message Back To Forum Threaded View Next Message

jcwillis

Rank: President [?]

Points: 14922 [?]

Votes: 101 Score: 3.4 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: This thread for Investment ideas, list of what you are buying and why

in response to

Re: This thread for Investment ideas, list of what you are buying and why

jcwillis

posted on Nov 21, 2011 12:31PM

Rough Day. Ouch!, Ouch!, Ouch! Hate it when politics does that...

What a difference a day, and some guidance makes. Just a little bit ago, NVDA provided guidance higher then the street. Going against the tide of today's downside is unusual, so the guidance is apparently liked. Need to stay above that 50Day MA, though, and we are now doing a balancing act.

JAG may be giving an opportunity for entry. We know the Chinese liked it for about $9.30 a share. Not sure if there will be a bidding war, but that may be the price that can tentatively be banked on for now. Thinking this should stay above $7 until the Chinese walk completely out of the room. However, technicals look dangerous as quick ups need quick downs for balance. A few more days should show where support will be until this is resolved.

DROP and Tiger on CNBC, supposidly right now, 1230pm ET. Popped this morning, so could be a "buy on rumor, sell on the news" deal because that is what happens in the Pinks. Otherwise, if no sell-off, Tiger still has what it takes to bring 'em in.