SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : CLAIMSTAKER RESOURCES, (VSE:CLN)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Robert Saito who wrote (49)1/21/1997 9:25:00 PM
From: Silviu Moldovan   of 199
 
To Robert and All:
O.K. we got two days of trading after the news release.
During this 2 days (Monday and Tuesday) they were traded a total of 425,000 shares which represent almost 25% of the float (last number I heard was 1,800,000 for the estimated float). Most of these shares traded between $0.64 and $0.75. In my opinion, this is a result of short term profit taking, since the stock traded for quite a while in the $0.33 to $0.45 range!
I still believe that towards the end of this week well see a gap to the $1+ range, since a new base is being formed in the $0.65 ~$0.75 range!!!
Any other opinions?
Best regards,
Silviu
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext