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


To: Elizabeth Andrews who wrote (3086)7/13/1999 12:58:00 AM
From: Jeff Dickson  Read Replies (1) | Respond to of 4504
 
If the stock were to rise to the day of the release and then correct after the release that would be normal but it probably shouldn't sell off now in my opinion

For how many days would you be willing to call it a correction? Any particular percentage figure on what you would expect?

Thanks

-jeff



To: Elizabeth Andrews who wrote (3086)7/13/1999 1:33:00 AM
From: Jeff Dickson  Respond to of 4504
 
> The best upside day was only 580k shares the day before the halt. <

Don't forget that was a Friday, the day after a national holiday in Canada. A lot of folks were off. That is very high volume to me for that day.

Monday was starting to heat up when the stock was halted.

Plus, in terms of dollars, which is more important, it was a lot more than today: $4,579,173 on the second vs $3,161,643 today: 45% higher.



To: Elizabeth Andrews who wrote (3086)7/13/1999 1:51:00 AM
From: Claude Cormier  Read Replies (1) | Respond to of 4504
 
<<The stock has traded 1.950 million shares on the
downside in the last 5 days>>

Very normal profit taking after a ride up from mid-june on near 4.7 millions shares. No big deal. The trend is the 50 day moving average... it is still up and the current stock price is still above it. As long as this condition exists there is no change in the long term technical picture.

As far as material information being available now... it is not probable. The market doesn't know anything or else everybody would know. Leaks do happen occasionally. But secrets never stay secrets for much more than a day or two.

We will know next Monday.



To: Elizabeth Andrews who wrote (3086)7/13/1999 10:27:00 AM
From: TrueScouse  Read Replies (2) | Respond to of 4504
 
Liz:

<<this doesn't look like a power chart to me>>

If you focus only on the short term chart, it doesn't look great. But try this one...

fast.quote.com

[This doesn't seem to be working as a hyperlink for some reason.... but if you copy it into the clipboard and paste it into the browser address line, it should work]

Anyway, on the monthly chart, this is a major breakout to the upside and we have corrected somewhat in early July. But it still looks pretty good to me!

Beauty is in the eye of the beholder <g>

Howy