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Gold/Mining/Energy : SCS Solars Computing Systems Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Boolish who wrote (892)6/11/1999 11:28:00 AM
From: Natedog  Read Replies (2) | Respond to of 1201
 
The volume is great and its early yet!



To: Boolish who wrote (892)6/11/1999 11:44:00 AM
From: Crazy Canuck  Read Replies (1) | Respond to of 1201
 
I agree, it is nice to see the move up today. What is not comfortable is seeing it being primarily driven by one firm. I get a bit uncomfortable when I see large moves in a company's share price being driven by one company. What one has to determine is whether these purchases are to cover any short selling that they have done over the past while.

By holding a significant amount of shares this firm can influence the direction of this (or any other) stock at their whim. Now again, this would concern me, that is unless the firm is interested in helping the shares appreciate. What will be telling is what that company does with these shares over the next while.

That said, I stand by every thing I have said about the long term potential of this company. A few more well funded contracts, together with an announcement of a joint venture or strategic acquisition, and then make no mistake about it - this company will be rock solid!

I can also see where several of the larger Internet based Portals or Retailers are most likely sniffing around to see how this firm could fit into their long term strategy.

I believe that the future looks very promising for SCS. Hopefully that is what Cannacord sees as well - and they are purchasing shares to help them realize their potential.

Crazy Canuk