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Gold/Mining/Energy : Microforum (MCF:TSE) -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Oil who wrote (3266)10/21/1999 2:25:00 AM
From: c.r. earle  Read Replies (3) | Respond to of 3896
 
To all,

Did anyone here read the G&M article several days ago (maybe a week) and according to the analyst in the article designated MCF as a sell, stating that the company was losing money. Right after that article the stock started to lose strength.

I would attribute most of the recent weakness to that very article.

Regards



To: Mr. Oil who wrote (3266)10/25/1999 2:03:00 PM
From: Hendle  Read Replies (1) | Respond to of 3896
 
Maybe MF is in talks with a US investment house to help them (sponsor) get onto the National Market. Maybe MCF is coupling a NASD listing with an offering. If this is their plan then it would explain the manipulation of the share price. I'm not sure but I think the Big US firms require a "quiet period" before a listing.