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Gold/Mining/Energy : T.ITE: iTech Capital (TSE)

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To: marcos who wrote (4865)11/25/2000 12:17:14 PM
From: ralfph   of 5053
 
I was waiting for it to go lower.
Last I bought was a smiggin at 54. I expect it will nibble at that level on monday and then pull back if there is nothing up. But if there is news in the pipe or JK has a bottom fishing report with a buy recommendation ITE could run next week. JK's Nov report will often run a stock up 20% + and sometimes it just keeps climbing to mid Jan on soft momo. I do not think he has that ability any more but a short bounce would not seem out of line.
I did not pick up on any daytraders flagging ITE yesterday but some of the run could be attributed to that.
Iam watching IMM, EAR out of the corner of my eye and know I need to average down on CPT . Its that greed thing. somewhere out there a stock is going to be hammered with tax loss selling and I do not want to own it and ride it down but want to be in position to buy it at a no brainer level as well.
Best regards
I,m gone :-)
ralfph
Gotta ask Jim if ITE gets any cash flow from Enviromation. I think the cash has to stay with the earning company but as it is not public perhaps the regulations do not apply.
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