Welcome to the McFaulds Lake HUB on AGORACOM

Discuss the various junior resource companies within the McFaulds Lake Area

Free
Message: Ouch!

Ouch!

posted on Mar 10, 2008 12:10PM

For some reason the market took a stick to everybody but especially Probe and Fancamp today. Hate to see what will happen when US Market index takes a 300 point drop and that's not totally out of the question.

While hurt was spread around it seems Prb and Fnc were considered perhaps the most speculative and a pull back from recent gains was in order. Think the market tried to do the same to Noront but the long investors just aren't interested in letting go and I believe were adding to positions.

Tomorrow if no news and US Market doesn't recover I expect some bargains in McFauld Lake Players.  Take your pick, FNC, PRB, SPQ, maybe FWR all are getting down to day trading type pricing. If Noront doesn't bounce back on opening I'd expect pressure to drive under $6 and take out stop losses, I'm planning on taking up the tensiion on my trigger because if it goes below $6 there could be a lot of small guys in buying to add to positions.

8
Mar 10, 2008 12:32PM
2
Mar 10, 2008 06:12PM
Share
New Message
Please login to post a reply