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Gold/Mining/Energy : Montello Resources

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To: JAS who wrote (2618)10/17/1998 4:58:00 PM
From: JP  Read Replies (1) of 4256
 
<<Looks like selling fever out there.>>

A little edgy are we?
Go to the SI stock listing and look at the last four or five days - the stock is going up on high volume and down on lower volume. Nothing to worry about. THe smart people were buying at 30 and selling at 40. Now that there is a lull in the news for 4 week. People are selling because they think it will go to 35 and they can get back in again prior to the next results. But then again the Northern Miner will come out on Monday and make things go up. Another kim is probably going to be anounced next week as well. How will the market react -who knows. THe volume on this stock is still relatively low. Wait till they anounce diamonds and watch what the volume does - anything under 500,000 you can almost ignore at this stage of exploration. Just my opinion. JP
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