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Re: AbrahamS post# 3497

Wednesday, 04/18/2012 11:39:07 PM

Wednesday, April 18, 2012 11:39:07 PM

Post# of 13967
AUMY .0104 the stock continues to trade higher with highly anticipated Dividend should see a continued run before its 3% dividend scheduled on April 28 2012 , watch for a close above .011 its 200 MDA this could very well test the 52 week high of .078 at some point

The stock is averaging over 3 million in volume the last three months , this week alone has had record volume as always volume precedes price, with any investing it requires risk allocation, with last news along with 3% dividend the risk/reward is higher than most OTC pinksheet stocks

Investing in general requires nominal risk and trading pinksheets stocks are not for the faint of heart. This does have a story and with the move from triple bottom along with a break above the 50 and breaching the 200 moving day averages , this has been a great investment opportunity

In general junior mining stocks are a risky investment instrument so as always trade with caution but from the charts, news and expected news the stars are aligning on this one

DAily Chart


http://stockcharts.com/h-sc/ui?s=AUMY