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

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To: CIMA who wrote (4139)2/19/2000 12:57:00 PM
From: Mr. Oil  Read Replies (2) of 5053
 
I was impressed by the resilience of this stock yesterday climbing back up the hill from 2.15 to 2.85 in a day! WOW! There is a sign of things to come. This is just reaching the hot to boiling point. A coiled spring as they call it. I would not at all be surprised to break $3.00 on Monday and will go as far as speculating that if we do, we will see $5.00 within 3 weeks. Oooh that's out on a limb now isn't it? LOL The trading action here has been very similar to what we have seen in recent weeks on other penny stocks which have gotten noticed by the masses. I mentioned this yesterday but the recent action on VEN.t is very significant. It is recently become an incubator of internet companies with an aggressive objective to launch several new companies. That is where JDX is but with a better business model quality partners and a very good base from which to build. We are in an arena where a few companies have catapulted up and JDX is slowing building interest. I would not sell now for anything less than $5.00. I feel we will be there very shortly. I thought we may have gotten a chance to accumulate more shares under $2.00 but it bounced of $2.15 quite aggressively and there wasn't much chance to buy there. We also closed at near the day's high which was the highest close in the last 52 weeks. Definitely bullish! I have my own shares and even my mother has bought JDX at $1.35. Her first Stock investment so she thinks it's great! Who wouldn't!!! ggg I believe the company will really get noticed when it gets the name and trading symbol changed as planned and then announces it's new direction in conjunction with the new name. This should be done with a bit of a splash IMO. They should have a press release with a couple of new deals to go along with it. Perhaps an update on the current deals too would be good. I think it is about time some more News letter writers begin to recommend JDX but that will likely come after the name change too. Man this is going to be wild. I think Kaisers comments of JDX going to $10 is very attainable. I would like to have the guts to hold all my shares for 5 years. I just wonder where I would be then if I did! Could this actually become Canada's CMGI? What a thought!

Ray
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