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Emerging Mid-Tier Gold Company - Timmins

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Message: A buy recommendations today.....

Tradescores is recommending LSG as a buy today. I do like how the chart is shaping up here; the only thing I an concerned about is market resistance and the need for some profit taking which appears to be in the making. The VXX is showing more fear coming back into the market and volume is so low the last month or so which tells tell us that new buyers are not coming back into the market. Good think we are lacking sellers but fear could change all this. Moderate selling is healthy for the market and needed so we can continue our advance. Back to LSG the down trend does look like it has been broken and we just registered a higher low which should allow LSG to move up from here. So today I entered a position in LSG.

TRADE ALERT

BUY - LAKE SHORE GOLD CORP. (T.LSG)

Fill Time:

02/09/2012 - 10:34 AM

Fill Price:

1.58

Stop Loss Price:

1.35

Stop Loss Type:

Stop on Close

Risk per share:

0.23

Trade Notes:
T.LSG is breaking out of a pennant pattern this morning and is trading abnormal volume. Position trade with support at $1.35.

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