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Gold/Mining/Energy : Sino-Forest (TSE: TRE.A) A STOCK FOR THE FUTURE!!

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To: worldtraveller who started this subject1/30/2001 7:25:49 PM
From: mick  Read Replies (1) of 265
 
Institutional Selling All Dried Up Now

There was some heavy institutional selling going on that depressed the price. The company was buying back some of the shares (~800 K allowed ~ 3M). Some value funds are starting to buy into this one and I suspect that was the major cross today.

Will be an easy double by the summer as revenue continues to grow.

Don't expect anything higher than a double this year though as all forestry stocks are under major pressure.

Cheers
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