Canadian-under $3.00 Stock-Picking Challenge Message Board

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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge

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To: Buckey who wrote (10919)	1/13/2003 4:20:18 AM
From: Al Collard	of 11802

Hi Buckey, Your in with IW.wt.a-t @$ .065 for 153,846 shares. Chart for Infowave Software, Inc: stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Lh14,3]&pref=G The warrants entitle the holder to purchase one common share of the company at a price of $.90 until Nov. 23, 2004 or the company trades over $9 for a period of 20 days. From the chart of IW we can see the Spinning Top candlestick from Friday's trading that shows the bulls lost control and a trend change is probable. If I owned the stock I would put in a stop loss around $.29 to see if support holds, just in case the stock continues down. If I wanted to buy I would wait to see if support does hold. My bet would be that support will fail. (Wait) Good luck with this pick, Al

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