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Message: Re: sqi- any thoughts

kim
Jan 10, 2011 01:57PM

Jan 10, 2011 02:26PM

Jan 10, 2011 02:30PM

Jan 10, 2011 02:30PM

kim
Jan 10, 2011 02:33PM

Jan 10, 2011 02:40PM

well for what my thought is worth, this was my never say never stock when someone mentioned they thought it would not falter under .60 and I said never say never...lol. Currently it trades basically at support as shown on the monthly...but looks still undecisive with lh's and hl's. The stock from where most of us entered at the .35 area has already retraced over 62 percent and although looks like it's at a bottom....could still retrace the full run to 100 percent or to the worst case .36-.40........will it, not sure, but if you take a look at the run from earlier stages back in 09......it's really only retraced 50 percent of that run and the .40 area would be 62 percent......so what will it do?????....with news it could hold...if gold legs down it could falter.....so waiting patiently myself for a sign even if I have to pay a bit more.....now will trying to time the stock be costly...not sure, poss. taking up small pos. and filtering in might be a plan....or waiting for either the high or low of the current monthly or better yet the last weekly candle to break one way or the other for a truer signal. The price is coming to the apex of a wedge and the move will be noticeable what ever way it decides to go. I guess you could also say that the downside is much lower than the potential upside if you feel the future is good for sqi...which is my gamble....and if you don't want to wait for a sign then filtering in might be the way to go. If drill results come out then......


Jan 10, 2011 02:58PM

kim
Jan 10, 2011 03:11PM

Jan 10, 2011 03:15PM

Jan 10, 2011 03:46PM

Jan 10, 2011 04:11PM
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