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Gold/Mining/Energy : Pacific Rim Mining V.PFG

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To: teevee who wrote (14457)1/9/2002 6:28:05 PM
From: Bill Jackson  Read Replies (2) of 14627
 
teevee, well, the market kicked 20% of the share values right away. Looks like the experienced money sees the reverse coming down the pike very soon and bailed into cash. Time to buy back later after the reverse.
usually after a reverse like this the price falls to 50%, so a 10:1 reverse makes $3 and that will fall to $1.50.
At that time options are set and a fund rasing round starts, so then is the time to buy since it will son go back to the $3 level to keep amex happy.

Bill
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