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Thinking of adding more here, the pattern today has been up---down---up---currently down and trades have slowed---so when trades start to move next run the run should be up if the pattern persists. I am new at this though so I guess we will see.
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I am hoping for a run here but I am not so sure about that at this point because it looks like first run was for about 60 min. then we had a reversal that was roghly 2 hours then we had another run for say 60 min. now we are in a downtrend that started around 2PM so if todays trading pattern dictates share price we should not have another run because last downtrend was 2 hours so this one should be the same which would take us to the market close. But I hope I am wrong and we see a close in the .008's
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I wonder how this will perform tomorrow? I only made 695 on this today but my goal was for 1000. Oh well can't win em all, I will look at her again tomorrow for possible re entry. Best of Luck
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i bought more to average down < good money after bad> but maby it will lessen the sting or gimme more divedends when they pay wish this one would fly ill sell my 600000 shares for $1 p/s lollololololololol
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Good luck ghost. I did the same with WNMI....but....i ended up averaging and averaging and averaging....THIS YEAR SUCKED. Hope it works out for you though GLTU!!!
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They have plenty of gold they had some dilution.with the gold in there mines i can't see this not starting to move.I just put in an order to add to my position.Good Luck
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After the last PR about name and symbol change, I was a bit concerned that they may do a reverse split as this is what usually occurs with a symbol change. I emailed investor@westafricagold.com and they reassured me that they are NOT considering a reverse split...so I am back in at .007.
It seems that NITE and SCHB are taking this down....Technically the RSI suggest it is oversold and both stochastics indicate it may be ready to turn around. Its a gamble but then again what penny stock isn't.
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I would rather gamble on a company that knows there is tons of gold,than a company that that is searching for diamonds that might not exist.LOL
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quote:Originally posted by tigertony: I would rather gamble on a company that knows there is tons of gold,than a company that that is searching for diamonds that might not exist.LOL
True,I would rather double down holding 10 and dealer showing 6 instead of doubling on a 16 and dealer showing face
[This message has been edited by SR112 (edited October 27, 2004).]
quote:Originally posted by MxPx: Decided to take a gamble here just bought some now @.0063 and will hold overnight. If I lose oh well I don't really care
.0070 last trade up 100's already should I stay now or should I go now that is the question?
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i havent been to good @ tradin yet all mine turn to long holds but im just a country boy im holdin 1000 shares of medimune < medi> im up a grand but hold long caws its gettin flu season and the flu vacc is in short supply
quote:Originally posted by GHOSTRADER: i havent been to good @ tradin yet all mine turn to long holds but im just a country boy im holdin 1000 shares of medimune < medi> im up a grand but hold long caws its gettin flu season and the flu vacc is in short supply
Your up 1k on MEDI I would say thats pretty good. The more you trade the better you will get the best advice I can give you is just watch they way stocks trade daily and once you get a feel for it study up on Market Makers and know there tricks and best advice of all get in and get out ASAP(usually same day) don't try to get every little cent out of a stock. Good Luck man
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Looks like there doing this bid/ask thing again, ok about half hour or so ago the bid was .0065 and ask was .0070 now bid is .0064 and ask .0065 when the bid/ask spread get tight like this after a fall they might try to drop it a little more to lure in sellers then once eveyone is done selling they run it in a little breakout mode to sell what they acculamated in the low to mid .0060's If I was a bettin man I would say try to get in a fill now say between .0062-.0065 and then sell @.0070
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Close friday was .0052 I will be watching this closely next week being that I am still in and bought at .0063. I knew I should have sold when it hit .0075 my goal was actually .0070 and surpassed that so I turned greedy and have to suffer the consequences. The main thing with these pennies are you should not hold you must get in and get out ASAP I am going to look at other tatics in the markets and 2005 for me I believe will be an excellent year. Best of Luck
[This message has been edited by MxPx (edited October 30, 2004).]
posted
West Africa Gold Inc (OTC BB: WAGI) Last Update: 9:02:52 AM ET Nov 12, 2004
West Africa Gold, Inc. Announces Further Placement of Shares for Cash
Company Issues Restricted Shares of Its Common Stock to Raise a Further Amount of US$2.4 Million in Cash
NEW YORK, NY, Nov. 12, 2004 (MARKET WIRE via COMTEX) -- West Africa Gold, Inc. (WAGI) announced today that it has raised $2,400,000 in further funding, through the placement of restricted shares of the company's common stock to a private investor.
The Company has raised a total of US$6,270,000 in cash to date. All of the placements in respect of the funds raised to date have been through the issue of restricted shares of the Company's Common Stock.
Michael G. Saner, the Chief Executive Officer of West Africa Gold, Inc., said he was delighted with the commitment shown to the company by substantial private investors and that he was confident that the Company's consistent strategy of adding to shareholder value would reap significant rewards within the next few months.
This announcement is neither an offer to sell nor a solicitation of an offer to buy any of these securities.
About West Africa Gold, Inc.
West Africa Gold (www.westafricagold.com) is an aggressive gold exploration company that has acquired certain rights to mine for minerals, primarily gold, in various regions of the Republic of Mali and in North America.
[This message has been edited by WinsumLosesum (edited November 12, 2004).]
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GO WAGI !!!
