SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : T.ITE: iTech Capital (TSE)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rob Davis who wrote (4596)4/6/2000 2:58:00 PM
From: paulnewitt  Read Replies (1) of 5053
 
$2 was there ever any doubt. The fundamentals have not changed, the market got rocked by a few greedy MM's and some over eager "sky is falling" media morons. The MM's played with fire and managed to manipulate the market well during margin tax time. Find it interesting that the big boys are the ones buying everything now that it is cheap. Those same big boys that claimed the world was comming to an end and the same big boys that missed out on the big Tech surge first time round. ITE faired very well considering the recent blood bath. If nothing else it should strenghten our conviction. The high of 4.40 was a little up there and during the market manipulation...uh, market correction, margin accounts were taken away by Big Boys. Lets face it once we hit $3 margin started comming into play which drove us up to $4. margins gone, market was man..corrected and we are down but the price is moving up without much resistance now so things should get back on track. Granted we may have a bump or 3 along the way but thats life on the boards.
be happy, be long. :)

P.S. Jim Graham informed me today that as far as Itech is concerned it's business as usual. No need to change due to recent CORRECTION as there business plans are still on track.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext