GGR: GeoGlobal Resources Inc [was GEOG was BOWG] (2000 + )

Top 431. Feb 5, 2003 9:17 AM

» Kirk - Charts for 2/5/03

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Interesting that BOWG is hanging out at this price AFTER the VOLUME has fallen off. In past ups and downs, the price dropped pretty quickly after the volume fell off.

-- posted by Kirk

Top 432. Feb 13, 2003 11:19 AM

» Kirk - Charts for 2/13/03

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In response to message posted by Kirk:

Still holding near the highs on tiny volume. This is most strange as it fell back last year three times when volume dried up. This could indicate someone wants shares and will pay more later.

-- posted by Kirk

Top 433. Feb 13, 2003 2:41 PM

» Wendell - Re: Charts for 2/13/03

In response to message posted by Kirk:
Kirk, I am having fun again watching BOWG maneuver its way up amid all the negatives market drivel. I have a few posts about bowg on the raging bull thread if you care to check it out. Cannon Ball

-- posted by Wendell

Top 434. Feb 13, 2003 4:06 PM

» Hu - Re: Charts for 2/13/03

In response to message posted by Kirk:

A strange and most unpredictable animal, indeed. There's no known reason for it to go higher. Yet, it drifts up this time in stead of down. Go figure...

-- posted by Hu

Top 435. Feb 14, 2003 6:10 AM

» Wendell - SHORT

Just wondering if anyone has the guts to short this baby now. Should be interesting watching this nino the next few days.

-- posted by Wendell

Top 436. Feb 14, 2003 6:25 AM

» Kirk - Re: SHORT

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In response to message posted by Wendell:

I'm not sure about Canadian stocks and the rules in other countries, but I don't think the Nasdaq allows you to short any stock under $5.

Think of the risk... a small float stock at $1.25 for no good reason could easily go up two or three times just as easily as it could fall 80%. An 80% loss is managable, but losing two or three times the money you invested with a margin call if a short you have triples, deadly.

-- posted by Kirk

Top 437. Feb 14, 2003 6:36 AM

» Wendell - Re: Re: SHORT

In response to message posted by Kirk:

Kirk, maybe we are the ones with guts, holding onto a shell of a company and hoping for the best. Not having any intention of turning any of my shares loose at this time. Quite a shell game we have going here. Maybe end up paying the piper before all is said and done. Keep the faith

-- posted by Wendell

Top 438. Feb 14, 2003 7:22 AM

» Kirk - Three Up Days

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<img src=http://cbs.marketwatch.com/charts/int-ad... width=452 height=469>

I'm not sure if this applies after a correction or consolidation.... but look at what happened the last time we had this pattern.

Candlesticks: Three White Soldiers
http://stockcharts.com/education/Resourc...
Three white soldiers is a bullish reversal pattern that forms with three consecutive long white candlesticks. After a decline, the three white soldiers pattern signals a change in sentiment and reversal of trend from bearish to bullish. Further bullish confirmation is not required, but there is sometimes a test of support established by the reversal.

TA is often wrong, but I thought it would be interesting to point this out. The candle sticks are not that long and we had more of a consolidation of a gain rather than a correction so I don't think it really applies... but it is interesting that we have such strong moves after a consolidation when the overall market sucks.

My personal and newsletter BOWG buys and sells are announced via email to my newsletter subscribers as they happen. I post them here on occasion if I remember, have time or feel like it AFTER THE FACT so it clear it is not a recommendation. This allows me to have tons of disclaimers in my newsletter saying how this is a risky stock, etc... and how you should manage risk in an overall scheme of things.

YTD Graph:
<img src=http://cbs.marketwatch.com/charts/int-ad... width=452 height=570>

-- posted by Kirk

Top 439. Feb 14, 2003 12:46 PM

» Hu - Re: Three Up Days

In response to message posted by Kirk:

Wow! BOWG is knocking on it's highs with some pretty solid volume. Interesting.

-- posted by Hu