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Gold/Mining/Energy : American Gem (GEM)
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To: IceCube who wrote (406)7/14/1999 4:57:00 PM
From: pal  Read Replies (4) of 464
 
GEM is on every brokers radar screen.Many are waiting for the right signal(news) to re-enter.All recognize the talent pool at management who were all previously high paid execs.But this alone will not move the stock or create the next wave of buying.I suspect that the next few weeks will create renewed interest and buying and will present a diff. picture for this Co....no longer just a Co. with interesting vision and plans but one that has real E commerce solutions and and an impressive revenue stream.This is not smoke and mirrors or just a precious gem sales vehicle.Volume the other day was a combination of uninformed players selling because they are tired of waiting and pros picking up cheap stock;notice the buying coming in and the support at $.60.The next move up over $1.00 will be fast and possibly, as in many of these cases, unexpected. It will also take place soon.Still calling this one to be over $4.00 by summers end despite the total absence of HYPE or PROMOTION.Too bad they aren't any good at P.R.
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