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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?


To: SwampDogg who wrote (20245)6/15/1999 4:37:00 PM
From: LAURIE SELINE  Read Replies (1) | Respond to of 26850
 
Don't you love Canadian mining markets? Personally I'm hot for $2.98 or 8 bucks. Let's roll the dice.
Good luck,
L.



To: SwampDogg who wrote (20245)6/15/1999 4:48:00 PM
From: Charles Kalb  Read Replies (1) | Respond to of 26850
 
There are limits to the extent the market can be manipulated, at least when there is sufficient volume to have statistically significant samples. Winspear has more than enough volume to satisfy that constraint. The manipulators can't just drop the price from several dollars to let's say 25 cents and then load up their accounts. It is well documented IMO that the effects of mass hysteria (fear) and unbridled enthusiasm (greed) are reflected in Technical Analysis. TA doesn't care what is causing the market to move, it just processes the movements themselves and makes predictions based on that.



To: SwampDogg who wrote (20245)6/15/1999 4:51:00 PM
From: russet  Respond to of 26850
 
I would say the real support comes in below $3.00, but that's going back to early Feb and mid March when PP paper wasn't free trading. PP holders have likely sold a lot of their paper and will hold their options for the results. They get their profits and get to eat their cake too. I think anyone with brains is doing the same thing. All those people who supposedly have these amazingly low average costs would be selling now to make their costs as close to zero as possible. Why take a chance that the results are below last years minibulks? This stock has a history of dropping in value when previous results are merely duplicated.

Tomorrow will be a critical day in which $3.00 may get tested.

I hope the miserable chits give all shareholders the chance at that PP paper next time.

Good luck everyone!!!!!

russett, the chicken