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Gold/Mining/Energy : Pacific North West Capital Corporation-PFN on Alberta
PFN 7.340+0.5%Dec 19 4:00 PM EST

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To: winston.s.c who wrote (1306)4/28/2000 12:07:00 PM
From: Claude Cormier  Read Replies (1) of 2255
 
<<That's called good promotion.>>

I certainly agree with you that it is good for the stock. But when it is excessive, it builds a premium in the stock valuation. This is great for current shareholders, but dangerous for newcomers.

You always have to ask yourself this question: if the string of good news stops, are the assets developed so far, rich enough to sustain the current stock price (and even higher stock price) ? If the answer is no, then the stock is highly speculative and adding more promotion can only be more dangerous for the potential new shareholders.
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