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Strategies & Market Trends : Strictly: Drilling II
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To: TheBusDriver who wrote (10043)3/26/2002 3:46:02 PM
From: gold$10k  Read Replies (1) of 36161
 
Wayne,

In addition to the fundamentals which Frank described, MNP had an all-time low just 4 months ago which was delayed and made considerably worse just because one big seller wanted to get out, i.e. it wasn't the market comprised of many sellers that depressed the stock that much, just one seller who wanted to raise cash for whatever reason. Then there's the very bullish technicals including the volume.

askresearch.com

... also they've just completed a private placement @ C$.10 and the market liked it or at least didn't care.

Best,

vt
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