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


To: Confluence who wrote (21802)6/24/1999 3:37:00 PM
From: Rick the Vet  Respond to of 26850
 
Confluence-- Can't disagree more strongly. The day traders were pushing it up before the news but as always sold out at the first hint of pessimism. The large institutionals are needed to push the stock to its potential as we need long term holders not small time flippers. I truly believe that most day traders lose their ass eventually. If they haven't then it is only a matter of time.

As for trading. I think DSP makes a much more suitable candidate as they only have Moose pasture up to this point. Although the moose may be in sight of a diamond mine. There is plenty of time for this play to develop and also has good liquidity and wider swings on a percentage basis. By the way I won't be trading DSP, its not my style. I invest based on what a developing story has to offer and when I think it is over bought I sell.

PS Looks like a whole lot of investors finally got new batteries for their calculators today. Rick the Vet -- Long and Loose don't buy Moose.