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Gold/Mining/Energy : GEAC.....Canadian best kept secret

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To: robnhood who wrote (869)9/3/1999 10:30:00 PM
From: micromike  Read Replies (1) of 1571
 
hope it rolls now so I can cover my short....<g>

Well it did for like 1/2 day. Somebody made some good coin if they bought at $32 on Thursday morning and sold it today at the close for $34.35.

JBA closed at 241.5p still below 250p.

The way Geac is trading it sure looks like the buyers are coming out of the wood work. Here's my two theories on why the buyers keep coming out of the wood work.
1. If I was a JBA shareholder I would be looking to pick up some Geac so maybe there is a few JBA shareholders buying.
Now if the deal goes through there could be a lot of x- JBA shareholder buying.

2.The quarter is coming out September 14 and somebody in the know is buying.

Now if by chance the JBA deal Sept 10 goes through and the quarter release Sept 14 is good we could see a sharp price increase in the next few weeks.

What are your analysts rating the stock these days.?

JMHO
Mike
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