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

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To: Claude Cormier who wrote (1737)11/11/1999 4:24:00 PM
From: TheBusDriver  Read Replies (1) of 5053
 
I increased my position some more today. I want something to play with while I hold my core position. So I now have some trading shares to keep me occupied<grin>

I too suspect a gap tomorrow. I also noticed that the buying is generally retail. With the stock in play this way the MO-MO players will most likely exit tomorrow also. MO-MO players do not normally like to be in a stock over the weekend. So we open with a good gap, the stock runs and the MO-MO players will exit midmorning to midafternoon. I base this opinion generally from other larger cap stocks but see no reason why a penny like JDX will not be played the same way by the traders. At the end of the day this is only my opinion I just don't want a newbie to panic if we run a bit tomorrow and then pull back.

CC we both know there will probably be no news tomorrow because it is good news we are looking for. So Monday is the earliest we can expect news. I agree this cannot contiue without something to sustain it. In fact I suspect this is why the stock is moving like it is. Good News is expected soon. (I hope)

ARE WE HAVING FUN YET?

wayne
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