Goldminco Consolidated Mining Corp. GMC (was GMO) Message Board

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Gold/Mining/Energy : Goldminco Consolidated Mining Corp. GMC (was GMO)

GMO 0.0121

0.0%

Jan 21 4:00 PM EST

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To: Joe Veres who wrote (521)	6/17/1997 4:01:00 PM
From: floj	of 588

I disagree, in my opinion "smart money" is still in. One just has to take a look at GMO's trading activity starting from its initial run in January. On that runup the cumulative net volume went from 0 to 7.9 million shares. The entire downtrend so far has taken the cumulative net volume from 7.9 million down to 7.1 million. Compared to the buildup in the runup the selling has not been significant. This might sound strange but GMO is still technically strong. I don't know about others but I find it hard to believe that they would start dumping at these levels. Might be crazy but still bullish on GMO Flo J

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