Daytrading Canadian stocks in Realtime Message Board

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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: Swami who wrote (11077)	5/4/1999 10:39:00 PM
From: the Chief	of 62348

EKD has had a history of missing quarters and shuffling Ceo's/Cfo's and directors. The $3.85 bounce was off a support level back in 1997. A firmer support level is at $3.40's. The reason I tell you this is the chart has every indication of a stock in freefall, make sure your stop is set at an acceptable level of loss. I am not saying the stock will fall further....but i don't see anything in the company nor the chart that might preclude it. No prophecy, just a heads-up. I know that EKD has been picked as an "undervalued small cap by a company out west, but notice that it was picked as undervalued on the 26 of March at $6.25, it did a momentary kick up and continued its slide....including today. It could rebound 40-70c tomorrow but be cognizant of the possibility of a downdraft. the Chief

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