Gold, Platinum, Nickel, Copper, Chromite and Base Metal Exploration
Active in resource exploration throughout Ontario, New Brunswick, Quebec, China and Mexico
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AGORACOM News Flash

MARKET PRESSURE = BUYING OPPORTUNITIES

As predicted on the AGORACOM Blog, it appears we are now moving into capitulation phase and a great opportunity to buy good small-caps that have been thrown out with the bathwater. 

Follow AGORACOM commentary on:

  George's Blog    Grandich Blog

AGORACOM Micro-Blog

Noront Resources > Message
Pict0629

No Stop Losses=Strong Hands=>Back In Control?

Posted by: crazydik on May 30, 2008 10:49AM

Just a small observation.

While the share price trades lower on tiny volume, it does not appear to have triggered the expected stop losses based on prior trading patterns.

Seems to suggest that the retail investors have largely removed those stop losses.

Seems to be an indication of:

1. stronger retail hands are in control;

2. as the games go on, we are getting smarter as a group;

3. no real harm is being done to the share price (although I admit the optics stink!)

It appears that, forgetting the caterwalling for a moment, we are growing stroner, smarter and more cohesive as a group.

That is all good.

This is the part where I would normally yell "to the ramparts!!!", but I'd rather have a little nap.

Wake me at $20.00

ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ

crazydik

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