re: was moving up gradually
Just calculated a possible 50% retracement - from the 39 cent base to the 62 cent high - being around 50 c.
Someone is snapping up the stock around 52/53 ...
I bought in because of the likely flow of announcements to a market hungry for Nickel stocks. Also, I understand TIR is a Ni producer as well, and still has significant cash reserves. Check out their website - prelim final annual report - 17 Sept 03.
Not quite the greater fool theory, but trading the right hand side of the chart is not so easy as my old mentor Harry Hindsight would have me believe.
J
TIR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held