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Gold/Mining/Energy : Maxx Petroleum-MXP,TSE

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To: Crocodile who wrote (84)4/27/1998 11:02:00 PM
From: Scott Mc  Read Replies (1) of 106
 
Bev, yup I always look at a consolidation as a negative, so I don't like it.. I expect all things being equal the price will come off..
That said, Magin(MGY) is also doing a consolidation for the stated same reason and there has been a lot of insider buying so maybe, just maybe they know what they are doing...Anyway I buy cheap oils (thats my strategy and wait), I had 3 taken over in the last 8 months or so, Stampeder, Archer and Orbit, not hugh gains (40%,35%+65%), but low risk.
Scott
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