wake up .. look what is going on ..., page-11

... :)

i can't agree with your views on this :
'lead balloon', going back to 5c etc....

watchers of this thread will know that i have
been critical of the excessive ramping that has
occurred and the refusal by some to acknowledge that
WMT entered a strong downtrend in about may, but we
should bear several things in mind :
1. the entire uranium sector went into a swoon.
2. WMT fell no more nor less than any other juniors.
3. the chart shows that the downtrend has bottomed
and many technical traders are watching the EMA
closely - if the 21 day EMA crosses above the 63
day EMA buyers will stampede the stock imo.
4. uranium spot has possibly turned the corner and,
as at this time last year, could go a bit higher.
5. WMT is in a reasonable cash position and may find
a workable resource or may be taken over.

i do not think that this is another PDN in the making
but neither can we simply write it off. who knows
whether it will go back to its highs - i personally
doubt that but i would be very surprised if it sank to
5c - i would, however, not be surprised to see it going
to 24c-30c in the next few months.
stocks like this can be excellent little earners if one
is prepared to trade the swings, not be too greedy and
avoid the doom and gloom predictions as well as the blue
sky folk and their ramping.