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Gold/Mining/Energy : Nuvo Research Inc

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To: David Graham who wrote (3340)2/8/2000 9:24:00 PM
From: Mike Jubian  Read Replies (2) of 14101
 
David,

<<I wonder how much of this run-up is due to the fact that almost every pharma/biotech in Canada is bulling along and how much is due to impending news.>>

It's a combination of both,
Investors/Analysts are all searching to find undervalued companies. This has captured the attention of pharma/biotechs as they get closer to actually launching new products. With regards to impending news, read Wolf's post 3306. DMX has been very good keeping a tight lid on their day to day activities, it has been very difficult to predict which news release they will release and when.

DMX is 90% held by retail investors (someone please correct me if I'm wrong) IMHO the trades in the past week might very well be a shift to institutional interest and accumulation.

FWIW timing is everything, a combination of news releases with and a NASDAQ listing while the market is just right and who knows, we might also be worth 7 billion without earning a penny.

Good Luck to all longs and new.
MJ
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