Opinions
Andrew Cook
Starfield Resources Inc.
SRU-T
PAST TOP PICK
Sep 01, 2011
(A Top Pick Jan 12/11. Down 42.85%.) Extremely volatile. Trading significantly below NAV. Should have some significant news in the next 6 months on 3 of their properties
$0.045
Stock price when the opinion was issued
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COMMENT
Great pop in May and now seems to be stuck in a trading range. Moving average for the same time is trying to tell you that it is almost ready to give you a Sell signal, but hasn't done that yet. You can't lead a MACD indicator; you have to let it penetrate. A concern is the relative strength in May compared to the current weaker relative strength. Volume indicates people are buying.
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