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Gold/Mining/Energy : $0.50 & UNDER (Short term trades)

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To: Ed Pakstas who wrote (611)2/6/1998 1:11:00 AM
From: Ward Nicholson  Read Replies (1) of 783
 
Ed:

I'm officially packing up the tents. You can take
GHE and SPQ off. I sold off both this week. I figure
the pennies are dead for at least half a year, so
I've been hopping elevators on the TSE. Pennies can
be rush, but there's something special about trading
stocks like PD and ABX...liquidity. There's
nothing but sharks in these pennies now. All the
volume is gone and everyone's afraid to bid up a price.

Haven't seen the juniors this dead in a long time.

Thanx for keeping track.

Regards,

WN
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