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

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To: Condor who wrote (3248)12/18/1999 3:37:00 PM
From: Mr. Oil  Read Replies (1) of 5053
 
If there is a pending news release which precipitated this rise then I would have rathered the TSE halt trading. A leak of significant information is not in the best interests of those investors who first took the risk as they can get shaken out for a few pennys to loose the advantage of the awaited news. I will be interested to see if news is released on Monday. There is most certainly something that moved a few bigger players in to Jordex. Volume speaks loudly. Have you ever missed a big run on a stock because news was leaked out to some and the halt didn't come before you sold? It is a royal pain. Time will tell.

I sold a few Friday but none of my core position. The ones I sold I paid 1.46 for on the last run and sold them for 1.49 just to get some cash back in the float as I used it all up buying JDX all the way down to 1.03. So I actually am up from my core position. Still if we get significant news on Monday I would have hung on a little longer. If we get news on Monday the market has said somebody knew Friday.

Ray
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