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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime
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To: Wizzer who wrote (14549)5/26/1999 3:35:00 PM
From: Kevin Hamlin  Read Replies (1) of 62348
 
<<<NLC: Not entirely convinced this is the bottom but it could be>>

I know what you mean Wizzer. The bottom on this one has been a tough one to call! The thing that got me to commit was that there was just nothing going out at the bid...only at the offer (granted very slowly and cautiously...at least in the past hour or so). "Hitting the offer" has been the order of the day for a good portion of the afternoon now, and even as it just touched $2.00, it's still like that! Only people hitting the offers which is very nice to see I would assume that there are many people looking for the bottom on this one, and many many who are still on the side looking for confirmation. I suppose it depends on your risk tolerance, but NLC is certainly trading much differently than it has for many days now.

Regards,

Kevin

note: $2.00 just taken out now too with the bids building in. <ggg!>

edit: now $2.05!
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