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Gold/Mining/Energy : Great Canadian Stock Contest Q1, 98

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To: RIK who wrote (51)1/5/1998 11:36:00 AM
From: Gazza  Read Replies (1) of 177
 
You may be right, we will look at again at the end of the quarter, but remember most of these stocks are penny stocks. A 0.15 cent stock that drops to 0.03 or 0.04 is also going to knock the heck out of your performance.
Lets face it the winner of these contests in any quarter could be the guy with the best news release at the end of the quarter.
Not to mention that the end of month debt coverage selling often has a greater detrimental effect on smaller stocks than larger stocks. There is a lot of factors both ways.
But, as I said above if the dropping of the limit proves to be detrimental then we will re-evaluate as the quarter draws near.
Any other thoughts on this matter?? Gary
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