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Gold/Mining/Energy : Westrend Natural Gas - I.D.E. Hot Stock

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To: Gene Veinotte who wrote (1113)1/20/1998 1:53:00 AM
From: Ed Pakstas  Read Replies (3) of 2011
 
Gene... First of all I gotta tell you I think this one is gonna go and this is why...

IMHO:
1) They've hired an IR person...
2) When you compare the frequency of NR's that they put out in relation to the price of the stock, they are on track...

Check this out...

-First 2 weeks of Jan/97...No record of NR's until the 22nd...
Stock trading steadily at .60...

-Around Jan 17/97 stock starts to uptick to .90 range until mid Feb 17/97... 6 News Releases in 4 weeks...

-Around 18th to 19th of Feb/97 stock takes off like a rocket and tops out at 2.25 around the 28th of Feb/97 2 more NR's on the 24th .and 25th of Feb...

-First 3 weeks of March the stock trades in 1.80-2.00 range...
8 NR's come out to sustain said price level...

-Last week of March the price begins to slip down to the 1.30-1.40 range and stays there until 3rd week of April and then slips down
to the ....90 range. 9 more NR's come out...I blame this downtick on ...the Bre-x effect...

-May the stock drops down to .60 and then bounces to .80 mid month and starts to drift downward and closes the month at .60. Only 5 NR's come out for the month... (Bre-x effect)

-June the stocks drifts in between the .40-.60 range...Only 3 NR's come out...

-July to mid August stock drifts in between the .30-.45 range...
Only 3 NR's in 45 Days...

-Mid August to the end of August the stock starts to pick up in price to the .80 level. 4 NR's in 2 weeks...

-Sept. to mid Sept the stock drifts down to .50 level and climbs back up to the .70 level at the end of the month... Only 4 NR's for the month of Sept...

-Oct. stock trades in a .60- .70 range until the end of the month when it upticks to .90 at beginning of Nov. 0 NR's for this time frame...

-Nov. the stock drifts down to the .55 range...0 NR's for that time frame...

-Dec. the stock trades in a .40-.60 range... 1 NR for this time frame...

Which brings us to Jan/98...Up until the 15th of Jan. the stock traded in a .40 - .50 range... 0 NR's for this time frame...

The first NR for this year came out on Jan 13/98...Stock price started to uptick to close at .65 today...5 NR's so far this month...

IMHO: there is a direct correllation between the frequency of NR's on this puppy and the price of it's shares...As long as they keep putting out the news the stock will climb...The minute you don't see at least 2 NR's coming out per week the price will drop...

There also is four heads on this puppy in the .70-.90 range...It gets through that it's most definitely on it's way...

...ed

PS: Will be on the bid in the morning...ed
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