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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA)

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To: YC98 who wrote (5590)7/10/1998 9:27:00 AM
From: Famularo   of 7966
 
>>> I am looking to short this stock if there is any run up towards $3.50-4.00 range. A weak stock in an extremely weak sector is good enough for me. <<<

If the next Buffalo Hills update is not what the market likes, it won't even go to $4.00 until Oct, when people prepare to take a position for the upcoming K14 results. If results are good with the upcoming release, there will be lots of buyers who will squeeze shorts at $3.50-$4.00 including the investment group I am involved with which will spend no less than 1/2mil dollars on Ashton. A friendly reminder, be cautious on your timing. regards Frank
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