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Gold/Mining/Energy : TRIVALENCE MINING

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To: Elizabeth Andrews who wrote (479)7/6/2000 9:08:35 AM
From: Phil Cressman  Read Replies (2) of 527
 
Elizabeth you can put your money wherever you wish and if you think Diamet has more upside than TMI go for it. However when you say 'this is a short' you are getting into something completely different. If you like the 12 times earnings figure of Diamet then the roughly 4 times earnings of TMI does look better.

Stocks all move up and down with market fluctuations as well as on news of individual listings progress. To suggest TMI as a short means a very good chance of selling pressure. Why? On the other hand a short sure doesn't want much chance of a share price increase. You'll have to admit that TMI has a number of irons in the fire and a rapid price increase is not at all unlikely.
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