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

To: Shaw who wrote (23950)	8/5/1999 2:00:00 PM
From: .Trev	Read Replies (1) \| Respond to of 26850

No TA thoughts but I had just concluded that the stock was behaving like it did when it sucked back to about $2 and then the financing was done. Then earlier Red came out with his latest view that a financing is under negotiation, and that confirms it for me. To confirm a major financing there has to be room for the people who put up the serious money to perceive a major profit rather quickly, and that's why the price is drifting on light volume. Buying now at these ridiculous prices is in effect stealing it from the smart money pocket. I have no idea how TA sees all of that but it's my firm conclusion that we are going to see another large financing at this level (approx), and that once it is concluded we should be in clear running for some time to come. i.e. new highs by September. And I really am not kidding eh Red???? Edit For those of you that may be lurking waiting for the bottom, I say "quit making like Kaiser, from here on every day increases the risk that the deed will be done and there'll be a jump. The risk of having to pay a higher price far outweighs the hope of getting a lower one. Nobody is going to say "We are going to do a financing" what they're going to say is "We have done a financing" Onward and upward!!!!

To: Shaw who wrote (23950)	8/5/1999 11:46:00 PM
From: Berry Picker	Respond to of 26850

RE>>Any TA thoughts??<< Trident Target = 2.56 I have been looking for a bottom at 2.56 since it broke the trendline. She went a bit lower than 2.56 and made it to 2.52 as a low which is fine. Not enough to cause any loss of sleep T/A wise. It's good buy Technically. I was recommending a buy at 2.58 with a sell stop at 2.48 which would risk 10cents total... Today fit that picture purr-fect . Still a low risk high potential at these prices. She will surely come back to these prices no matter what! I am officially , after hitting target, LONG the SPEAR !!!