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Gold/Mining/Energy : Position Trading in Canada -- Ignore unavailable to you. Want to Upgrade?

To: Le profiteur who wrote (1425)	7/9/1999 11:39:00 AM
From: Kevin Hamlin	Read Replies (2) \| Respond to of 2259

95% of what I do is daytrading, but now and again I will take a long term position in a company if I think it has exceptional promise. Over the past 3 weeks, Mercury Scheduling (MRY on Vancouver) went into a pretty strong downtrend (mostly based on retail selling tripping over each other from what I can tell), and I have been accumulating it at a number of different levels now, making it by far my biggest position holding. In the past couple of days it has shown good support at it's long term trend line of $1.00 and seems to be starting to be starting a move back up nicely with good support building. I've been following the company very closely over the past two years and am amazed at the progress they're making with a number of large contracts under their belt, and others that are in progress. On top of this, the float on this company is extremely tight from what I can tell. Positive news that I expect should move the share price forward very nicely. As I said earlier, it's not often that I'll take a long term position in any company, and it's even more rare that I'll do it in a junior. For those interested, here's some links to get you started. Message 10405845 Message 10406552 The companies website is: mercury.bc.ca Regards, Kevin