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Gold/Mining/Energy : SRU-ASE : STARFIELD RESOURCES
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To: dean poets who wrote (491)6/10/1999 11:40:00 AM
From: CIMA  Read Replies (3) of 1239
 
From Raging Bull:

By: chimpleton
Reply To: None Wednesday, 9 Jun 1999 at 1:46 PM EDT
Post # of 539


I would like to respond to post 490 on SI by saying it's the dumbest thing I have ever heard(Please don't be personally offended).American buyers are what drive the most succesful deals on the ASE and VSE.They unlike Canadians pay for their stock and don't sell their stock to make a dime.
Obviously a lot of the buying we saw that monday were people going in on a flipp.That is why the stock gave back all it's gains so qiuckly.Most of those people probably didn't know anything about the company.They saw the volume and jumped on it for a trade.Some people made money some people lost,but that's the market.If a person was buying this stock like lots of people I know under $1.00 we have a little more room to work with here.I never sold a share on the run up,I am waiting for the results.



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