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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU
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To: john who wrote (3653)6/27/1998 2:15:00 PM
From: bill718  Read Replies (1) of 4718
 
The stock is being played with:

i) for accumulation...houses 2,7 constantly manipulating for ages now.
GL net position over 3M since last Oct. or so as I posted before.

ii) because of flippers who are constantly selling every time it moves up a bit... and I guess I really can't blame them cause .05 gain on .30 is 17%, not bad within a few weeks.

Everything else is speculation and none of us can nail down timing.

If Asia and Japan plunge into deeper recession, we could see a complete market crash within months...and recessions here, in which case POG might escalate rapidly. In the great depression years around 29-35, some mining companies did outstandingly well.

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