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Gold/Mining/Energy : Pallet Pallet Inc.
PPAL 60.100.0%Nov 7 9:30 AM EST

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To: De Nardis who wrote (138)3/7/1997 7:05:00 PM
From: Quick Bucks   of 451
 
WOW! my are we a CHEERFUL crowd.

Just a hunch, could a substantial portion of today's 700 thousands shares SHORT COVERS, I love it when I guess correctly. See my previous post regarding potential gains/loss by shorting PLT. Obviously, the consensus is going LONG for PLT. But then again, it doesn't take a genius to figure out that some people will start profit taking once stock hits 39 cents. (remember 16mil pumped in at 30cents recently) there's a goldmine of QUICK BUCKS to be realized. However, I am very happy to hear that most of us are long and long-term 6mo - 2 years so if we hold on this stock can really SKYROCKET... with time.

Just another 2 cents
QB

PS the news release dated 3.07.97 on Canada Stockwatch was available on quote.com yesterday I think... I'll double check.
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