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Gold/Mining/Energy : ABER RESOURCES

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To: .Trev who wrote (1430)6/2/1999 12:19:00 PM
From: Lorne  Read Replies (1) of 2006
 
.Trev - If there's one guy who doesn't think this market is logical it's me. I also think that the efficient market theory and technical analysis is for the birds when one is talking about the junior resource market. I mean how can you do technical analysis on a company whose real value can increase by many multiples in a heartbeat? Dow stocks and other large caps are a different animal and these "tools" may have a place when dealing with those ones. The main thing that puzzles me about the ABZ-Snap link is not that the market's missing it but ABZ's apparent refusal to use it promotionally. If they want to go to the market for more cash they then want as high a share price as possible and using Snap can in my opinion help in this matter. On the other hand it may be a good signal that they don't feel the need to hype Snap.
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