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Gold/Mining/Energy : JAB International (JABI)

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To: Roebear who wrote (2601)	1/10/1998 3:23:00 PM
From: Tai Jin	Read Replies (2) of 4571

I've also been disappointed in the lack of upward movement in BCMD. But this is due to my uninformed and perhaps overly high expectations. This is all because of the initial hype surrounding the stock. The question to ask is how should a stock such as this behave given the news it has released? If it's not behaving as it should then maybe there are other factors at play here - memory of BRE-X, POG, gold has fallen out of favor, general market downturn, deflation, the MMs, high expectations, to name a few. I also think that there are many daytraders, speculators, and weak/frustrated investors who sell as soon as the price moves up a little - surely this must have some effect on keeping the price down. I'll admit that I also try to daytrade the stock with about 10% of my holdings. I do it out of frustration, but I'm long because I know this stock must go up if what they claim is true and they can produce the gold and a profit. If they show proven reserves, good production and revenue next quarter and the stock does not go up then I'll have to reevaluate my position. ...tai

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