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

To: Steelguy who wrote (23135)	7/17/1999 9:47:00 AM
From: Confluence	Read Replies (1) \| Respond to of 26850

Hello Steelguy, In response to your post, and that of my bud, teevee, I truly believe the results are positive. However, too many short-sighted (pun-intended) folks have had contests and other stooopid b.s., and have allowed their expectations to get way too high. And about a million lurkers are also thinking, good news, but no blow out, no more good news for about a year or so (assuming financing), so maybe I'll own a little less on Monday. For teevee: Clearly, the response is to sell on Monday. By 9:35am EST. Just like the last bulk, sell, buy 2x, sell, and get it all done by 11:30ish. WSP is not a stock that people should be largely short of, with all the news. That phase of WSP is over. However, now the only upside news could be that of a takeover, so, no matter how a couple funsters spout it, you have a company with a good deposit that may, or may not, be mineable. Tough luck, but check out a few 3 to 4 cent junior mining companies who possess lovely assets, but not in an easily minable form. Clearly, without a definite plan to advance their only asset, WSP will come under selling pressure. Don't mistake this for bad news, because the news was good. Rather, those looking for more upside will have go elsewhere. Witness the great hypester, red, who became rocket red, touting (exactly the correct word) other stocks on this thread, before the good news was even 12 hours old. WSP had nice results, but human beings will be trading on Monday. Best Luck, Confluence