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Gold/Mining/Energy : International Rochester Energy Corp. (V. ROH)
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To: Stan Treacher who wrote (81)3/15/1997 2:45:00 AM
From: Brad Danchuk   of 188
 
Sorry to hear that Dan, but I also learned the hard way that it's no
good to put in a stop loss order unless you are concerned about the
company you have invested in. Canaccord makes reasonable and fair
sell decisions (ie. if you have that much capital on the line,
wouldn't it make sense to play it safe and play another day??) as
even though they are dumping a lot, they still create a market for
the stock.

Stop loss orders are death orders as a shake out can occur at any
time so that the "big boys" can get the cheapest shares from the
"little boys" and make even more cash.

In the final analysis, I still think the "loyals" will prevail,
as flow rates will create interest in this stock unlike before and
will vault it over $1.

I hope I'm right as through this roller coaster ride, we deserve
to be winners.

Best of luck to all,

Brad.
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