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Gold/Mining/Energy : Red Sea Oil Corporation (RSO)

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To: Gord who wrote (29)12/3/1997 8:17:00 PM
From: Dav!d  Read Replies (1) of 332
 
Hello Gord,

Interesting trading today on RSO. No cross trades today (I do expect them real soon) but a good movement in the stock, from $1.35 to $2.40. Whom ever owns shares in this stock, WATCH the trading from Odlum very carefully. Insiders and friends trade through Odlum.
Some have made a lot of money in the past from from the rights offerring and I expect strong resistence at present levels until more news come out. This stock could easily fly to $5.00 or go back to $1.00 on bad results. I would strongly suggest to take some profits and make sure your ave. share price is under $1.00 to be SAFE! Just my thoughts and opinions. Congrats!

David.
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