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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime
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To: parker_meridian who wrote (49843)6/8/2001 1:07:14 PM
From: Vitalsigns  Read Replies (1) of 62348
 
TSX soon to be a penny stock last 1.04

bounced off $1 already

You just know there is money to be made when people on SI make declarations like that :)

Always money to be made, but the statement was not a wild one, the minute it trades $0.99 it is in penny land. Give it a few days to week , itl'll get there. It has no other choice now, too many funds have to dump it because of its credit rating downgrade. Another Laidlaw in the making IMHO

Edit, don't forget the 820 million shares outstanding , should act like an elephant sitting on a mouse. Funds and institutions were large holders .
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