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Gold/Mining/Energy : Winspear Resources

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To: brian krause who wrote (9615)11/21/1998 3:46:00 PM
From: james flannigan  Read Replies (5) of 26850
 
Brian,If one insider sold a large chunck of stock a month ago,you can bet now that the stock is at much higher levels there may have been more selling .But as we know we dont get this information until it is too late.If you hold bought the stock at lower levels, you at least have a margin of saftey.The only Red flag i See is managments lack of timing of news releases to come out when they say.Good results are usually rushed to the market,while bad are held back until management can scramble for better ones.But one question that somecne posted,was why issue 5m shares at $2 when you have drill results pending that may give you 5m shares at $5? I know i may be flamed for posting these questions.How ever if someone has the anwsers i would like to know them.
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