Crosshair (CXX-V) has performed marvellously well in recent weeks but now looks to be over bought.

As we can see the stock price is way above its own 200 day moving average having gone on a fine rampage upwards. If you got in as we did at the $2.00 mark then you are looking at a handsome profit in a short time and we wouldn’t blame you for taking it.

However we think that this is one of the better stocks in the uranium market place and have decided to stick with it and ride out the ups and downs as we go forward. Any down turn will be used to acquire more of CXX.

12 November 2006