SMM on TSE - Simmonds Capital Message Board

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Gold/Mining/Energy : SMM on TSE - Simmonds Capital

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To: mappingworld who wrote (28)	4/8/1999 11:32:00 AM
From: Kevin Hamlin	Read Replies (1) of 372

Interesting wall at .80 Saw the same thing at .60....then .70...now .80 If SMM follows the same pattern it has over the past week or so, it will pause, test, build a base, then move through decisively. Yesterday's move showed the more explosive side of this stock, which has happened before several times now, always to the upside. I suppose it depends whether you're playing this stock for nickels or buying in to it looking for a much stronger move up over the next couple of weeks (which I believe will be happening). No doubt there will be both "types" here! For myself, normally I trade quite actively. On this one, I'm holding now with a core position and may move into a trading position as well. Kevin

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