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Gold/Mining/Energy : Winspear Diaminds (Bulls Board) -- Ignore unavailable to you. Want to Upgrade?


To: George Hassen who wrote (1034)6/11/1999 8:43:00 AM
From: Sam  Read Replies (1) | Respond to of 1172
 
It looks like they dropped it enough to hit or catch a lot of stops.a week ago everyone was saying move up your stops ,well there they go ,I hear CC was the big buyer
sam



To: George Hassen who wrote (1034)6/11/1999 12:24:00 PM
From: bill  Respond to of 1172
 
Thanks George,
That makes sense. Assuming that CC was smart enough to start
short sales at 4.80 and keep selling short tothe top, then if
they were covering yesterday, it would look like they think a
bottom is close. Otherwise they'd have waited until today to
cover. Even with their buying providing support for the price, it
slipped to 4.30. If they have covered all their shorts, then
should we expect to see them starting to buy back in as they
anticipate the next move? If so, that would support the present
price level. Unlike many of us small retail traders, they don't
fall in love with a stock or hate it. They know their job. Make
money in both directions.