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Gold/Mining/Energy : Offshore Systems International (TSE - OSI)

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To: Aykay who wrote (443)2/24/2000 2:44:00 PM
From: Dan Hamilton  Read Replies (1) of 490
 
I'm waiting to see the quarterly results. If they are break even or better, maybe the stock will get a lift. Then, I'll likely bail on the last 1/5. I got tired of keeping a substantial chunk of money in this one, though, when I knew there were other great buys in the same price range. I used some of the money to buy Eli Eco (ELI/TSE) and have already doubled my money in holding for one month. What's OSI done in the last two years? Squat. At least I got back the money I've lost on OSI through ELI.

That doesn't mean OSI won't move up over the next year. But it definitely will have to be news driven, and a steady stream of news at that. There's too much sell pressure above 55 cents to allow it to rise rapidly.
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