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Gold/Mining/Energy : Microforum (MCF:TSE)

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To: Syncrude who wrote (1192)4/25/1999 12:35:00 AM
From: arisetech  Read Replies (1) of 3896
 
Your points are well taken Syncrude.Although there is a lot of speculation/daytrading,i still believe that with close to 3 quarters of all stock changing hands in the $3 range or higher there will be lots of investors "holding out" for$5 plus.IMHO we*ll see $5 soon due to anticipated NR,positive press from analysts,and alliances(Ford,National Bank,Microsoft etc).
As for GLE i don*t understand what you meant by crash.It had a short term run to the mid teens due to more buyers than sellers.Investors didn*t get burned-just speculators who put in market orders a few minutes after trading resumed.Personally,with MCF i am very long and not sure if the NASDAQ will help or hinder.Contracts and earnings will drive this darling.
Best Regards...Tim(one happy Maple Leaf fan tonight after the comeback victory!)
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