ETC Industries <EIL-V > - Gold - Peru Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : ETC Industries - Gold - Peru

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: pete meyer who wrote (139)	7/23/1997 9:28:00 PM
From: Sergio R. Mejia	of 244

Hi Pete: News around the corner. Some TA for EIL from StockHouse (SteveH) Steve is very positive about EIL as you can see in his Technical Analysis quoted partially below. I would suggest to check the whole posting at StockHouse (LeRoy Forum). Also Top Cat just mention that he is waiting for results( Our Cat is still in and waiting). Also check QTR thread, where Taurus posted his talk with QTR PR today: Mata Mata news release is up to EIL. Judging by the EIL trading activity today news release is around the corner. I hope Steve is right: $0.20 tomorrow, $0.40 in 8days, $0.60 in 30 days. Cheers :) Sergio FM: STEVEH 7/22/97. Comments: Note EIL. Recent low. Volume hit over 150K today. This tells me it will likely run to over .30 in the next two days. Why? News is due out. Results are expected to be good and promoter seems to have a chance to double from these levels in two to three days. CLs NDL NDH ND8 N30H Posit Liq. EIL.V 0.16 0.17 0.20 0.40 0.60 1 3 MIQ.M 0.70 0.70 0.85 1.30 2.50 2 4 IDN 0.28 0.28 0.35 0.40 0.45 1 6 WM 0.10 0.09 0.10 0.15 0.16 -1 6 AFF 0.14 0.14 0.17 0.20 0.23 2 1 WRN.V 0.37 0.37 0.39 0.50 0.75 0 3 SDG 1.05 1.04 1.10 1.40 1.60 1 3 EEL.V 0.46 0.45 0.49 0.65 0.85 1 4 WLT 0.13 0.11 0.13 0.20 0.26 -1 5 THE 0.56 0.56 0.65 0.75 0.75 2 1 FDCD 0.29 0.29 0.39 0.55 1.00 2 0 JOT 0.97 0.92 0.97 1.40 2.50 -1 1 Sym -- symbol CLs -- Close NDL -- Estimated Next day low NDH -- Estimated Next day high ND8 -- Estimated Next eight-day high N30H -- Estimated Next 30-day target high 30EG -- Estimated 30-day expected gain 8EG -- Estimated eight-Day expected gain 8%G -- Estimated eight-day % gain 30%G -- Estimated 30-day % gain Posit-- Positioning - a relative rank from -6 to 6. The closer to -6 the further away from an upswing and the more likely the stock will drop or continue to drop, the closer to 0, the more likely the stock will go up sooner, the closer to 6, the more likely the stock will stop rising and begin to level off or go down. The ideal time to enter a stock would seem to be at -1 to 0. Roughly equates to days before or after the beginning of an upswing or the conditions that make an upswing likely. Two issues to consider are volume and trend confirmation. Volume for a stock may not permit an entry at or near the previous day's close. Trend confirmation usually occurs after a posit is 3 or 4, before this a stock is more likely to do a reversal or fizzle. Liq -- Liquidity - A new measurement. The scale starts at 0 and runs to 6.The assumption used is that if one absolutely needed to sell 10K shares of the particular stock in the same day in order to cover a purchase of another stock, would that sale cause the price to move in order to accomodate the sale. In other words, can the sale be made without affecting the price ( a 0) or will the sale have an impact on the price (a 6)? The point is to make one aware that a forced-sale of a stock can be affected by the low or high volume. The measurement could be used to determine the ease with which a stock can be bought or sold without affecting or moving the price. For example, a 0 means it should be easy to move into and out of the stock. A 6 means that one would be lucky to be able to buy 10K shares or to sell 10K shares without moving the price substantially. SteveH

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next