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Gold/Mining/Energy : Position Trading in Canada

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To: Vitalsigns who wrote (1841)1/8/2000 12:57:00 PM
From: Vitalsigns  Read Replies (1) of 2259
 
TRP

Tuesday, Dec 14, 1999 3:36 PM ET

It would appear , based on the trading in the last week, that TRP's decline is not over yet. There
may be more bad news to come or people are still tax loss selling. either way I expect to see
another selloff before this is all done. When ? I have no idea but sometime between now and
Earnings release date, until then be careful.


It appears that a rogue trader has lost TRP a bundle. How long has management known about this little incident? I would have to say "more than a month" based on the stocks trading. This stock may break $10 or come very close to it in the short term before any recovery can be made . When there is an announcement that the CEO has quit or that the company is up for sale will be the day this ship turn around IMO. I am still waiting for the final selloff before I jump on.

Vitalsigns
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