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Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

Stock Chart Hall of Horrors

The market is punishing the investors in speculative junior companies. For perspective, here are 5 year weekly charts of the TSX Venture Index  and three interesting oil patch service companies (Wavefront Technology Solutions (WEE.V), GASFRAC Energy Services (GFS.TO) and Poseidon Concepts (PSN.TO)).

"Interesting" was not a good criteria to use in 2012 obviously (or 2011). The question investors need to ask themselves is whether these market sinners can turn themselves into winners in 2013.