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Gold/Mining/Energy : GEAC.....Canadian best kept secret
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To: Dale Geffrey who wrote (780)6/9/1999 9:04:00 PM
From: micromike  Read Replies (1) of 1571
 
I think it's a non event. It sure surprised me on how much it gained today. Tomorrow should be interesting to see if in fact we are running out of sellers considering we gained so much today.

My theory is that with the strong volume in the past week and past months we will eventually get the stock into people who plan on holding the stock considering they have just recently purchased and the sellers should dry up. The only people that this doesn't apply to is the pro traders so the question is how much stock is the pro's playing with. Also Geac must meet or exceed the estimates for the up coming quarters for this theory to work.

JMHO
Mike
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