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Gold/Mining/Energy : Tri-Vision & The V-Chip

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To: trenzich who wrote (3307)7/8/1998 8:57:00 AM
From: D.E. Shetland  Read Replies (1) of 5743
 
Still here buddy, and still hopeful. Have found out a few facts on your fund manager that's selling and.....there is no fund manager, that's the problem. Evidently it is a fund that was closing and is in the hands of a rookie trader who knows nothing of how to trade smaller stocks. It must be a small position and his superiors don't see how poorly he's executing. The old rule of thumb is not to be more than a third of a day's vol, but this guys all of it. Only good news is that it seems they're close to the end of the line. Too bad CIBC/Wood Gundy doesn't step up and place the shares with the institutions they got in last go around --not a very impressive performance by their investment bankers--rather atrocious. Hopeful to see the share start trading based on corporate developments and not on a rookie trader dumping.

As Graham's said, I wouldn't expect much until we hear more on the initial level of interest from Ingram clients, sales, manufacturing progress etc.. Sounds like the manufacturing is going fine and shipments should probably make there way over here soon.
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