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Gold/Mining/Energy : Canadian Mining Company - CNA Alberta
CNA 44.69+1.1%3:59 PM EST

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To: Texas77 who wrote ()6/4/1997 7:17:00 PM
From: Phoenix   of 544
 
To all:
Well June 1 has come and gone with no news of big cheques being recieved by cna. Therefore this stock should be falling like a rock. Yet it seems to be holding its own. There is a piece of wisdon that I gleaned from Ted Carter's book that says (and I paraphrase) "If there is an obvious reason that a stock should go down and it doesn't, then then you should hang on to it" Also true is the corollary that " If what appears to be good news is released and the stock does not go up then it's time to get out".
Since cna is holding it's own, I'm interpreting that there is something in the works that the market does not know about that is very good for this stock. Any ideas?
P.
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