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

To: Steelguy who wrote (24045)	8/11/1999 11:25:00 PM
From: maintenance	Read Replies (1) \| Respond to of 26850

I would say that there should be technical support around 98, but even numbers tend to be a magnet for stops so I wouldn't get to close to 100, if you plan to trade it I would go slightly above 100. If it gets close to 100 it will likely go through it, letting you buy it back cheaper. Around 105 stop with a re-entry at 98 if it looks like it's turning back up. If you don't plan to trade it I would think your 92ish price is a good one. But 92 is about 20% down so that's still quite a loss, not significant if it's for the long haul. What say you Brian? Cheers

To: Steelguy who wrote (24045)	8/12/1999 12:13:00 AM
From: Berry Picker	Read Replies (3) \| Respond to of 26850

It must be time for news on WSP because no one is talking about it anymore !! A good sign news is Due.... RT RE>>Please give me your thoughts and advice on this one when you have a moment. Thanks. << Sell every last share you own on the open tomorrow.. You should have been out today. News monday... Globe Tuesday .. National Post Wednesday... SELL ON NEWS !!! THE FEAR = But what if it goes higher ??( Greed ) No problem Put in a BUY STOP at $126 limit $130 You may loss $15/share but if it is really going to go higher without more news You won't care ! I know nothing about this companies hopes or profit potentials. What do your parents expect from the trade???? Don't like the advice... do it with a portion of the position. Would you buy it after the run it has been on ?? 40 day MA is way down at $65 we are trading at almost twice that. There is only one thing harder than figuring out what to buy and when... That is *********LETTING GO********* Tell your parents to take the cash and RUN... They can buy it back when it comes down if they really believe long term it will see higher prices for fundamental reasons. If you still want to hold and put in a sell stop I would suggest $89 limit $80 It seems to have enough volume you would likely get out at better than $85 but you will have left $30 on the table and likely not want to sell there because you would believe it was then oversold.... if you sell now that is when you will want back in ! Trust me GET OUT !** At least half !