Churchill (CUQ), PE of 3! Message Board

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Gold/Mining/Energy : Churchill (CUQ), PE of 3!

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To: Far Side who wrote (257)	6/27/2000 2:04:00 PM
From: speculatingvalue	Read Replies (1) of 264

That's how I'm looking at it, too. It's my "high interest savings account". It rose from $1.00 to $1.30 last fall (30%) and again to $1.60 this spring (23%). I have no doubt that it was the company picking support levels of $1, $1.30 and now $1.60 to buy back their stock. The returns are nice even though it hasn't run yet. I suspect it is the company selling at $1.75 - $1.80 to keep it from running too high before they are ready. They are forcing retailers to sell between $1.60 and $1.75. The supply of stock in retailer's hands must be dwindling. It won't take much for it to run when the company is ready. Check out tur.a, another quiet thread I started. When it was $1.65 no one posted. It has run to $31 and it is still dead quiet. Subject 27637 A lot of times the quiet threads are the most profitable. BTW: there is a little more activity in the Stockhouse.com CUQ thread.

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