re: ready to explode nickel up
i dont like the fact that this stock attracts all the 'traders'
On the way down the 'traders' OVERSOLD it to 40 friggin cents. Now the same mob have jumped back in and voila , we're over 50% higher than the 42-43 cents of last week.
Next time bad news comes out of the US re sub-prime, i guess itll get sold down in a big way again with all the stops going off.
Fundamentally, id give it a forward PE of 5 until theyre in production. Worth about 75c-80cents, but this sub-prime problem hasnt left yet, so id say some traders are gonna get stopped again sometime in the future.
AGM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
