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Gold/Mining/Energy : Manhattan Minerals (MAN.T) -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Dickson who wrote (3038)7/11/1999 5:11:00 PM
From: Not_Active  Read Replies (1) | Respond to of 4504
 
Jeff:

Its been so long since we've corresponded that I forgot about your level of market sophistication. Seems like we are having a conversation for the benefit of some third party! :o)

But, IMO if a stock comes out with a financing (essentially a secondary offering) and it doesn't change the price of the stock, then the stock was de facto undervalued to begin with. Of course, the extra shares may influence the per share valuation of any discoveries going forward, but since us TA types don't mess with fundamentals, it will only show up in the chart as more reasonable price runups and not exponential explosions.

Let's hope for a good trading day tomorrow..... Kacy