SelectCore Ltd. (SCG)

LATEST ARTICLES

Government Contract Gives Selectcore Ltd. (CVE:SCG) (PINK:SLXXF) Stock A... March 14, 2012

Selectcore Ltd. ( CVE:SCG ) (PINK:SLXXF) share price went up after the company disclosed to have signed a new contract with the government. SCG was up 12.2% under a trading volume of 986 thousand amid the session today. The spike in price came unexpectedly since the technical situation suggested SCG should continue to fall as it had broken support at 25 cents per share. The news that caused it to bounce announced the company has secured a significant government contract related to their...read more

Selectcore Ltd. (CVE:SCG) (PINK:SLXXF) Stock Springs Into Action December 08, 2011

Selectcore Ltd. ( CVE:SCG ) (PINK:SLXXF) price action was spiced up by recent news but the rally will likely be short lived. SCG trading volume hit 5.9 million on Wednesday as their stock price jumped up 26.9%. The trading activity was nearly 5 times heavier than the average 1.21 million. The price still hasn't gone up to the most recent price top at 37.5 cents per share, but it might do so considering the strong action. There are no other strong resistance points on the way, but the...read more

Selectcore Ltd. (CVE:SCG) (PINK:SLXXF) Price Breakout Still Running November 08, 2011

Selectcore Ltd. ( CVE:SCG ) (PINK:SLXXF) stock price broke out on Monday and continues to go higher despite the lack of a directly related catalyst. SCG share price broke out on Monday after breaching resistance at around 24.5 cents per share. This move had a follow up of 10.5% this morning with a small gap up. The trading volume aims to be very heavy and already topped yesterday's 3.1 million. For comparison the average turnover is only 1.1 million. Despite the heavy price action the...read more

LOI Keeps Selectcore Ltd. (CVE:SCG) (PINK:SLXXF) Stock Inflated October 13, 2011

Selectcore Ltd. ( CVE:SCG ) (PINK:SLXXF) share price stays inflated since traders got excited about the recently announced letter of intent. SCG stock price held rather steady against the selling pressure on Thursday. The stock got inflated as a reaction to the recent news, but could very well collapse if the LOI doesn't fall through or there is a prolonged time frame until the actual agreement is made.  On Wednesday, Selectore announced to have entered into a letter of intent...read more

Selling Pressure Continues To Rise For Selectcore Ltd. (CVE:SCG) (PINK:SLXXF) June 28, 2011

Selectcore Ltd. ( CVE:SCG ) (PINK:SLXXF) continues to roll down this week as well, ignoring the recently published news on contract extension as well as reacting negatively to the quarterly results. SCG lost another 12.8% on Monday as the price remained stuck in a short term downtrend. The trading volume is still strengthening which suggests the selling pressure won't cease quickly. 4.9 million shares traded hands yesterday which is nearly twice the average of 2.53 million. The stock...read more

Selectcore Ltd. (CVE:SCG) (PINK:SLXXF) Presents New Technology for Unbanked... May 30, 2011

Selectcore Ltd. ( CVE:SCG ) (PINK:SLXXF) stock price firmly approached the bulk of resistances after the company presented a new technology which they expect will help them take a dominating position in the unbanked consumer market. SCG added 15% to the share price on Friday as it extended the questionable quality short-term rally. Trading volume was 4.5 million and merely topped the average of 3 million. The stock is approaching a front of resistances with the most stubborn level at 73...read more

SelectCore Ltd. (CVE:SCG), (PINK:SLXXF) Continues Dropping After the New High May 25, 2011

This month began like a dream for the stock of SelectCore Ltd. Within two weeks, the shares ( CVE:SCG ), (PINK:SLXXF) climbed from $0.20 to $0.71 on the price chart, noting a new 52-week high of $0.78 in mid-May. It looked as though nothing can stop them. Every dream, however, has its end. For SCG, the dream seems to have come to its end. This should be hardly upsetting for the company, though. Immediately after setting its yearly-peak, the stock began losing ground and dropped in value....read more

Selectcore Ltd. (CVE:SCG) (PINK:SLXXF) Rally Continues but Doesn't Look Healthy May 09, 2011

Selectcore Ltd. ( CVE:SCG ) (PINK:SLXXF) continues the streak of solid gains with the stock price rallying up for the fifth consecutive day. Stock price is up 24% early in the morning today, further extending the 30% gain from Friday. Trading volume is 21.67 million, nearly ten times the average of 2.34 million. The rally began when the company announced improved financials last week . More recent news also added to the extent of the current rally. Selectcore announced on Thursday that...read more

Selectcore Ltd. (CVE:SCG) (PINK:SLXXF) Share Price Jumps Along with the Sales... May 04, 2011

Selectcore Ltd. ( CVE:SCG ) (PINK:SLXXF) share price spiked up after the company presented its financial results for the year ended 2010. Shares gained 42.5% on a heavy trading volume of 6.28 million, which was more than 4 times larger than the average 1.47 million. Technically, the price also bounced the support at 19.5 cents and hit a new multi-year high at 29.5 cents during the intraday trading. SCG closed just below this level, thus continuation will depend on the sentiment of...read more

Selectcore Ltd. (CVE:SCG) (PINK:SLXXF) Rally Exhausted. Correction Comes Next? February 22, 2011

Selectcore Ltd. ( CVE:SCG ) (PINK:SLXXF) has gone flat after actively gaining on the share price for more than a week. The trading volume is diving down as well, pointing out the fun is over. It is clear that only two scenarios are possible, if no earth shaking news comes out in the near future. The stock will either enter a consolidation period as traders await financial results for the whole 2010, or the stock will correct back down. Declining trading volumes show conservative profit...read more

Greed Moves Selectcore Ltd. (CVE:SCG) (PINK:SLXXF) Share Price Up February 11, 2011

Selectcore Ltd. ( CVE:SCG ) (PINK:SLXXF) has broken into a few days rally on increasing trading volumes as a reaction to technical price breakout. Trading volume hit the 4 million mark as the price spiked up more than 64% on Thursday. No news or updates were issued to help the price advance. As always, the volume partly comes from short squeezes, and the lack of material events means that this price advance likely won't last for very long. The possibility of sharp retracement is further...read more