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While I am not thrilled that we are churning the 7's (I think we should be much higher), I am very happy that the MM's have failed to break support at the 7 level. Everytime they bring it down, we bounce right back up into the mid 7's. It appears we are consolidating for a third day. Tomorrow should prove very interesting if history is any indication of what might happen.
Some entity is sucking up these 76's.
MM's not making it easy to relax but I'm long.
CNEX is addingmore Jet-A for the next leg upward.
Now I am really at a complete loss for what is going on.
Any thoughts because it looks like we are going to go through our 007 support.
long here but CNEX is not making sense right now.
Loks like tday is going to be the third day of consolidation. Not bad considering we had three prior to the last run up. Bit the ask, buy up what you can and stay locked and loaded for impending news. I think we close at 84 today.
Only thing that worries me is that the MM's didn't take out the stop losses this morning. We are trading well but they may try and walk it down to pick up those cheap shares before letting it run.
Could be the next K. Time will tell but I think CNEX is poised to run to new highs in the not too distant future. Loking for penny break and close over .01 today.
GEO shoudl be coming out soon and evryone expect news by end of May which is this week. A good GEO showing gold will rocket this thing past .05 IMHO.
I'm liking this mornings action. No dump even with the gap which is a great sign people areholding for much better returns.
Shes moving up on barely any volume. Good sign of strong hands.
Bid ask spread is going crazy.
Good morning...looking for another green day.
Saw some rumblings of that in some of the messages over the weekend. Close above a penny today would be sweet.
Neither do I. Maybe bounce off 007 as MM's take out stop losses but after that, blue skies ahead.
Locked an loaded, looking for a penny break today.
Good morning dwellers of the den! ooking for a green day today, well at least on our little gems. Markets appears headed for the toilet.
Still loving CNEX Van?
Today should be the next leg up. A lot of attention in CNEX right now. 012...need to break and hold then consolidate for next leg up.
I am locked and loaded with more shares purchased on Friday. Interest in CNEX is way up as the BM's show. Money will be flowing into this stock all next week. We established strong support at the James Bond level and the MM's were unable to dip us below that which is a huge sign of strength. Closing over a penny will be the next huge barrier. .012 is the next resistance level but it's thin all the way up. Don't be disappointed if we do consolidate for a few more days but IMHO, the conslidation is over and done with (Thursday and Friday were the days to load up)
Monday may prove a day to load the boat but I think it's over although good things do come in 3's so those who missed EOW last week could get one more shot.
CNEX is a great company and with what I think will be a great GEO coming out, we'll be trading at .05 no problem within 3 weeks. Hold long and strong and you will be richly rewarded.
Looking forward to tomorrow. SHould retest a penny and hopefully we canhold it at above .012 to put in a new level of support. A couple days of consolidation would be great before next leg up.
012 is key, need to close above it and set new support.
Mobile is my home for now. These FLD's are going to help me pay it off and buy my lovely wife a vacation home in the northeast.
PM back at you
I'll keep you posted. Right now I have more important issues on my plate but when I get some free time and money, I'll be full steam ahead. My only addition would be a pool since I live in Mobile but I think I can fit one in.
Absolutely gorgeous deck. I'll have to bookmark your post so I have a visual when I decide to build mine.
You may have lost some along the way but you've also picked up folks like me who are holding strong and won't settle for chump change. You may have lost some weak members but my guess is you are picking up much stronger ones.
Reasonably, with a good GEO report and gold in the ground, this thing could move well over .08 by the end of June/July. I'm not trying to pump because I honestly don't know what the numbers will be so my posts are all speculation but I think with Canada being as rich as it is in natural resources, the odds that CNEX has a legitimate lode under it's belt are pretty high. Set your own target and take your profits as you need them but I'm holding out for a much higher PPS here.
To date, the company has been very honest and forthright. Check the iBox, they are in good standing. Sure pinkies are always a gamble but in this economic climate, I'd rather gamble on a natural resource company like CNEX then say a tech company with a savy website etc.
CNEX is my play for now. I'm looking forward to next week and believe we'll be over a penny by EOW with maybe a consolidation day or two. Thursday and Friday were key. They formed a strong base above the 007 level and with big money most likely flowing into CNEX, we can easily push into multiple pennies.
You and a lot of other folks are going to be jumping on board. They have gold, the question is how much. With gold prices set to soar, with a good GEO, they can very easily hit multiple pennies. I'm locked and loaded. I didn't want to be chasing next week with the news imminent.
.08 is my short term target but IMHO, CNEX could go much higher with a good report.
CNEX is going to run next week and hopefully put a new level of support in above the penny mark. With a good GEO, CNEX pulls a KATX and we'll all be very happy.
Excellent consolidation! For those that bought above a penny, hold tight, your day will come. There may be a few days of 7 to 8 trading but this is healthy. Gaps need to be filled and the better the consolidation, the better the PPS is in the long term. TADF is a good example of a rocket that fell mighty quick.
Yup, dead until it starts trading on Monday. We held the .007 support strong all day and beat back the MM's on every low volume takedown. CNEX is very strong. Give it a couple days to trade sideways and consolidate in this range and the next leg up will be huge. I'd rather go up slow and steady than like a rocket.
Moneyrunners should get us mid 8's by EOD if they come in.
She's moving up slowly but some d-bag keeps bidwhacking.
Still here.
Bring on the crazy 8's.
someone wanted in low and looks like they got it. already 76 x 78...we should move up this afternoon.
Lunch time is over...back to business.
Let's push her into the 8's
She bounces so well of 007...we have a strong one here!
I think it wil pay off but we may need to consolidate at this level for a few days prior to launch.
We are holding at support...now we need the big boys to come in and load the boat.
I can see them taking out stoplosses but the vast majority of the sells are really small.
I think you are right. The non volume take down is a sure sign that folks are holding. I'mnot sure who would be selling at these levels but it sure isn't a wholesale dumping by longs. We need to hold 7
SLow consolidation here but I suppose if we hold the 007 level which is support, we should be OK going into next week.
They are intent on walking it down on low volume.