Discovery Minerals LTD (DSCR)

[bagabonesJones]

Well lets be honest, that was a disappointing day yesterday to say the least, but it wouldn't surprise me if we see a bit of a spike today for the following reasons:

1, The news wasn't any big revelation but it wasn't bad news.

2, People have lost so much they won't see the point in selling anymore.

3, There will be a few folk out there grabbing some of the cheapies today.

4, Many shorties have made a lot of money by now and may be looking to get out before the mining begins and pushes it back up.


Having said that, this stock has a clear track record of spiking a little and then dropping even further.

If it can break above .0056 then we could see a nice little run up IMO, but if she spikes below that then my bet would be a drop to the mid .004's

Just my 2 cents...honest thoughts and opinions welcomed.