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Gold/Mining/Energy : T.ITE: iTech Capital (TSE) -- Ignore unavailable to you. Want to Upgrade?


To: keith massey who wrote (845)8/28/1999 9:55:00 AM
From: 1st.mate  Read Replies (1) | Respond to of 5053
 
Keith, If anyone makes a slip<<ggg>> and gives JDX a mention on another thread, well, you know that is not nice...(LOL) Matey



To: keith massey who wrote (845)9/1/1999 12:18:00 PM
From: Kevin Hamlin  Read Replies (1) | Respond to of 5053
 
Well after following JDX for about the past 4 months, I have (finally)bought in today. What was holding me was some of the selling by Odlum over the past month, and my own wish for it to test .70 once more. It did, and it held. Here's a few more thoughts.

1) The Odlum selling was fairly persistent. Usually about 20-40k shares per day. Yesterday they were only 4k shares sold. Today, none.

2) I would think that the combination of the Odlum selling, month end selling, a quiet week (i.e., last week of the summer and a week leading into a long weekend) would put the maximum downside pressure on JDX. Perhaps it did, but the .70 level held very strongly.

3) Typical of many junior companies, the fall is one of two strong periods. September is often "good". With additional expectations looming such as a possible acquisition and medsite i.p.o., I expect JDX to trade up from these levels.

Regards,

Kevin