EXT 0.00% $8.56 extract resources ltd

reality check

  1. 266 Posts.
    Having bought into EXT within the last fortnight Im starting to wonder if I would want to buy the stock now.
    Stock is painfully treading water while other speccies are making play.

    Fundamentally the stock seems to have excellent prospects but no one wants to buy. My fear is that market is waiting on reports which more than likely trigger another sell off as has happen in the past. I know ppl dont like xcel but I think he makes a good point having EXT has a lot of paper around.

    On the bright side however when I ran a line chart of EXT the recent price action showed higher highs and lower lows. So technically no good reason to ditch just yet
 
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