T.ITE: iTech Capital (TSE) Message Board

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Gold/Mining/Energy : T.ITE: iTech Capital (TSE)

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To: Mr. Oil who wrote (1670)	11/10/1999 7:17:00 PM
From: keith massey	Read Replies (1) of 5053

Ray.. Unlike large cap. stocks, pennies often don't go back to fill the gap ever. Although on the day chart this looks like it has gone straight up this is in a large part due to the scale of the day chart. If the chart was on a larger scale (look at the week chart) this move isn't actually that big. If you look at the day chart this has actually been a fairly steady and reasonable rise. However I wouldn't mind doing a little consolidation either in this range or higher to really get ride of any selling pressure or weak hands.....either that or a really high volume day at these levels. I am just uncomfortable with breaking a new high unless we have news to support it. We have the Medsite.com S1's coming out very soon and we are overdue on news from the company. I would much rather have a run caused by news but I don't mind feeling uncomfortable if it breaks the high and runs on no news <gg> Best Regards KEITH

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