Daytrading Canadian stocks in Realtime Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: CharlieChina who wrote (18736)	7/8/1999 5:30:00 PM
From: Mr. Forthright	Read Replies (1) of 62348

MPZ-A Not a bad day after all. Stayed long, but warned day traders of lack of MOMO (the Chief, do I get bragging rights for this?). Stock closed down $0.04 at $1.61, on volume of 151,000. Why I am staying long? First of all as most of you know I am not much of a day trader, although I am sure I am going to make daytrading (3 days) calls as all good participants. Secondly, according to my calculations MPZ would have earned about $0.10 per share last year had the management not paid themselves a large management fee. I understand these days are over. So basically at current levels I am holding the stocks at about 16 times last years earnings and I am getting the online initiative for free.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next