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


To: Rocket Red who wrote (23530)7/24/1999 6:46:00 PM
From: Rick the Vet  Read Replies (1) | Respond to of 26850
 
Sorry to jump into your conversation. Off Topic>>>>

You might want to look at WML. Similar leverage to HTP and it has not moved yet. I'm thinking of moving some KOB profits into this one.



To: Rocket Red who wrote (23530)7/24/1999 7:42:00 PM
From: Berry Picker  Respond to of 26850
 
BKP just broke a small pennant to the upside...Looks good

Check out the charts between ELK and HTP .. If you did not know better you would think your looking at the same chart..



To: Rocket Red who wrote (23530)7/24/1999 9:53:00 PM
From: Steelguy  Read Replies (2) | Respond to of 26850
 
Red and all,
I,like most here, are very disappointed in the performance of Winspear over the past week. I would just like to say one thing:

In my limited experience....it is precisely times like this, and most certainly with a stock like Winspear which has proven not to act very predictably, when one should be looking seriously at holding on or buying the stock. Now....I understand that many feel they can " cheat " the timing of things and bail now and not miss anything...but if we REALLY believed what RT was doing and the whole story....we would know that $3.00 is NOT where this stock will end up and therefore, buying Winspear now is a textbook play. When people are falling out of love with a stock, and the stock keeps going down on low volume......and it feels like there is no reason to own it anymore because it will not go up......it seems that this is ALWAYS the time to buy the stock. Haven't we seen this time and time again.????

So......I am still holding my position as I am certain money will be made on it. I am not saying people are wrong to sell if they get it back lower...I just think that playing paddy-cake with Winspear is risky when we KNOW what they have in the ground. This is what we wanted....we got it....the market will appreciate the asset someday.

Now......I most certainly agree with the thought to put some money into ELH as my cash has been there since NOvember......what a ride it has been and I think patience is about to be rewarded in a huge way.

all the best to my " speculator " friends...

sg