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Gold/Mining/Energy : Safe Environment (SFU.AL) - was Roper Resources

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To: Buckey who wrote (367)8/4/1998 9:59:00 PM
From: pud   of 635
 
very fortuitous for you john to have sold before the halt. these levels are too low in my opinion though to sit on the sidelines for long. if i were a director at roper i'd probably want to bash the stock too so i could get all my friends in before news of an equity acquisition comes out... perhaps it is right around the corner. at any rate by the time we hear about it, i'm sure it will have been discounted and any hopes of picking the low will will be dashed.
try watching the brokerage company that makes the book on this stock and see what their trading patterns are, this usually tips off the astute investor (albeit the largest risk taker as well).
hopefully, p.
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