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Gold/Mining/Energy : Westfort Energy Ltd. (WT-T)
WT 11.59-0.6%Nov 7 9:30 AM EST

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To: AL Berta who wrote (760)7/15/1998 10:14:00 PM
From: bhg  Read Replies (2) of 1288
 
Hi Al,
Sorry I haven't responded to anyone. I'm traveling on business.
Today Grant told me that there was a stop loss at $2.00 and the brokers dipped it down to take it out. I think that after that there was some panic selling.
Personally I don't think the stock will go below 1.60.
If it goes up on volume tomorrow would anyone call it a "selling climax"?
Several large brokerage houses have been quietly picking up shares on these dips. Merrill Lynch was one. I'm not in my office right now and I can't remember the other ones but I will try and get that info and relay it to everyone tomorrow.
Hope all is well with everyone!
Best Regards,
Bruce
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