All else being equal, i see us near bottom here for a few days, then starting to uptrend, then a big volume day putting 20 or 30 per cent on the stock in a few hours, as people sense the waiting time shortening. But all else is never equal - we've got name change news, medsite news, Enviromation closing news coming up. It's getting to be time to see some promotion out of the company, too, and maybe a little gentle help through some of those walls. At the same time, it's not reasonable to expect the volatility in some of those high-flyer techs like icge to be over soon. Did you know that when you buy a share of sfe you get more than one share of icge as well as parts of 40 other companies? ... that sort of disparity can't last for long, imho [i was wondering about a strategy of long sfe/short icge]. That settling out will affect the general mood, for sure. But back on the first hand, the tax-shelter money should be flowing into rrsp/401k plans about now. Rates don't count for so much with tech stocks, not nearly like with banks, imho, though a person wouldn't want to ignore them, either.
All in all, i'm happy holding jdx. Next big decisions for me come as we cross through Green Line's three-loonie margin level. Not holding my breath on that but seeing it before March won't surprise me either. Can't see a better speculation coming along in the near term. So i wait.
Near-term it looks tradeable for 40 per cent or so, eh - geocities.com
These threads make for great lurking, for those jordistas who don't already -
Subject 9332 - cmgi
Subject 4078 - sfe
Subject 28217 - icge
Subject 24688 - Softbank |
