GEAC.....Canadian best kept secret Message Board

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Gold/Mining/Energy : GEAC.....Canadian best kept secret

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To: micromike who wrote (415)	7/21/1998 1:33:00 PM
From: DownBig	Read Replies (2) of 1571

This sell off is getting brutal - Geac is now at $35.50. Geac is now at 12x earnings. But the market is says - who cares - as long as the chart trend is down the players just keep wacking it down. Margin calls are made and the selling accelerates. Amazing to think that it was $62 just a few months ago, now $45 seems high. For all of us suckers, it looks like we are going to have to hold Geac for a long time to get our money back. I am sure that Sadler and the boys are happy they got out at $55 to $60. In the future I'm going to pay more attention to a stock's chart and insider trading activity.

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