1)Blk Swan 2)Mr Stasasaki--pardon my enthusiasm. Should never get excited about
companies, it is the STOCK that earns money. (Or in my case, loses it.)
I bought some Paige at .28 and it is .42 (close) today. PAG on TSE.
Volume is steady, so this is just an artifact.
Wish I could find the article you reference by S.Coleman. The product is
hard to find locally. Yes, alliances with no promotion are useless.
The company says COST HAS BEEN REDUCED (in manufacture?).
That 'promotion' has been brutal, I can believe. Inventors make lousy
managers, and terrible publicists.
1) Black Swan. For afficianados with no Globe subscription, today's
article was 3 columns. "What sparked Black Swan frenzy?"
------Paraphrasing:
Matthew Ingram says analysts are baffled. (They shoulda read infomine
profile on BSW.ase). In 3 days the stock traded 65 million shares.
TSE record. Also set transaction record of 13,140 trades. No big blocks,
average was few thousand shares.
The Stockwatch newsletter publisher describes the BSW prexident Art
Fisher as a 'pretty responsible character'..'not the type ..(to hype)'.
Fisher says "one drill hole doesnt make a gold mine." but "the property
(is of) considerable merit."
Small Cap specialist F.Meredith figures institutions weighed in with
cash from Bre-X type wins, doing frivolous random speculation on this
very cheap stock.
-------------------------------end of paraphrased article------------------
Given that the stock has closed at 69 up 8 cents, one might assume
it will 'retrace' (split the difference and settle at half the rise)
to settle at 70 cents for a while. After a few days or weeks, it might
rise again on good drill news. Or not. Take your gamble.
Black Swan has other properties. See Black Swan thread in SI misc.
fred b. |
