Black Dragon Resource Companies Inc (BDGR)

[Ajor1]

eatmenasdaq, I was wrong about it not hitting $1.2x again, but I'm still resolute in my overall opinion with BDGR. I'm not trading one share. Up or down, the tide is up . . . or will I be proven wrong. We'll see. This stock rose really fast and I think it has much more behind it than just breaking $1 to fall below it again.

In any case, I still feel the overall action of BDGR has been strong and for me, the verdict is not out, yet. The ending was strong, the volume was high and the sharp falls after such a large ride are not that surprising. Now, the trend for the last two days is down and that concerns me as it could be seen as an indication that the stock is about to fall back to old levels because the volume might have been only front short-covering. But I'm doubting that theory although it is certainly plausable.

Next week will be intereing.

BDGR: $1.32

Ajor1