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Strategies & Market Trends : Canadian Options

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To: thebeach who wrote (558)6/10/1997 3:41:00 PM
From: Jan Johnstone   of 1599
 
<<All the world is a stage and you are just a spectator, grow up and have some fun>>. Famous words, whose author may be familiar to you.

I wish I had the power to move markets. As has been mentioned, anything you find posted on these threads may be worth exactly what you're paying. Nothing !!!

I guess my attempt at humour, at the expense of Gandalf shareholders is not obvious to everyone. I have no position in Gandalf. Investments 101 says that shorting a stock under $5 is not smart, if you're right your gain is small, if you're wrong your loss can be unlimited. I have no idea what finally will come of Gandalf. I read posts from people who jump from Bre-X to TeeComm to Gandalf, with bewildered amusement. Here's a company that has $3.5 million in equity, no financing, that is being valued by the market at $70 mill.. Many analysts feel that Gandalf will likely not survive another quarter. I'm simply pointing it out.

You asked about NNC, I answered. NTL, NNC, CM, BCE etc. are all due for a correction. This is an opinion, if you don't agree, ignore it. There's no need to be nasty.

Jan
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