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Gold/Mining/Energy : Winspear Resources

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To: teevee who wrote (15786)3/15/1999 2:16:00 AM
From: John Paquet  Read Replies (1) of 26850
 
TeeVee;

First welcome back to this thread, and I am pleased to hear you again.

In any penny stock, this kind of break up or [you call split like this] is a very very bad signs to say the least.

Why the hell the penny would like to break up as penny stock has very weak already. This kind of behavior in penny stock is very suspicious. If WSP is breaking up to wsp1 and wsp 2 and wsp is $3.02 Friday closed. If wsp1 is $2.02 then wsp2 is $1.00 but somehow before this breaking up market will not like it at all as the whole strength significantly reduced. the whole wsp may be as well go down that $2.02 before breaking up taking place. Market will definitely question what its motiveness for this kind breaking up and will be very confused as this kind spin off is not the right type. {If blue chip like IBM traded $320 then 4 to 1 spilt would be more reasonable as buyer could afford to buy at $80 a share rather than $320. you see.

Did you Click

quote.yahoo.com

Why the hell this last 3 trading days, market broke that $3.18 decisively and hit that $3.00 and bearly closed at $3.02????? Did you think that market did not know what was, is and will be happening??? You gotta be kidding yourself, Mr. TeeVEE.

All I am saying is market look terribly bearish as I presented my warning in that post #reply-8311143

I do not feel surprised at all this week our wsp hit that $2.56 and will be traded much below that $2.56 as Down Trend is continuing and has confirmed by breaking that $3.18, and continuosly breaking new low from that $3.17.....$3.10......$3.05 ...$3.00 and dead cat bounce to that $3.02.

John Paquet
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