RHK 0.00% 78.0¢ red hawk mining limited

sp, page-5

  1. 203 Posts.
    eMark,

    You have a go at antschock for his post but it may hold some truth.

    Charts are great in certain markets and with bluechip stocks.

    I have my doubts about charting in such a volatile market and especially in relation to speccies.

    Charts cannot factor in the IO that has not been fully reported yet, nor can they factor in the effects of a good announcement.

    All they can really do is tell you how people have responded to these things after they have occurred and smart operators are already making profits.

    With a stock like thi - at this stage of its development - I suspect it's worth just sitting on until the full story unfolds.

    It's a punt ... nothing more, nothing less.

    I've placed my bet.
 
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