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Gold/Mining/Energy : GEAC.....Canadian best kept secret

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To: AChan who wrote (726)4/28/1999 9:14:00 PM
From: micromike  Read Replies (1) of 1571
 
The whole IT sector is moving up, why GEAC is going down

What's happening today up $1.70. Why is it going up?

Some heavy duty volume today but lots of huge blocks traded. 225k,200K,150k,100k so that leaves about 155k for the small guys. Looks like the fund mangers are locking in the share price for the end of the month books. I noticed in a few other stocks I follow the same thing was happening with lots of large blocks traded.
On Tuesday it sure looked like the sellers were back in full force then all of a sudden today they went away. Up $1.70 which is one of the larger increase in one day for them in some time.

I'm guessing but if we finish the week strong like near 28 bucks or more then the companies preliminary numbers for the quarter looks positive which only the insiders know about it so that would give us the strong finish. Don't forget this is just a guess so don't bet the farm on it.

Crossing my fingers for another nice pop again tomorrow.

JMHO
Mike
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