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

To: kanda who wrote (1295)	10/27/1999 10:55:00 PM
From: Kevin Hamlin	Respond to of 5053

I agree with your post Kanda. A lot of times people trade for what ends up being only beer money and miss the far bigger moves up. (I've done it myself before!) A few months back I bought a little JDX just for trading, but only because I was pretty sure the timing of certain developments was far enough away that I could get away with it. My bigger intentions though were to eventually take a position in JDX to hold. I've been watching JDX closely since last May, watching for my own "right time" to take this position. Although strongly tempted a few times (especially over the past couple of weeks), I decided yesterday that it was now time to buy in. This is based on my own sense of timing for JDX developments, and the overall risk/reward/timeframe scenario that I see presented. The risk at this point is obviously quite minimal with JDX basically trading for only its cash value. What really caught my eye was last week when the markets were getting hit hard... the Dow teetering below 10k, and JDX remaining rock solid throughout a pretty scary looking week. As for the upside rewards possible with JDX, I think Keith has done an excellent job what may be possible. No need to say more here. I think he is right. As for the timeframe, I would imagine that JDX will plan a very well orchestrated series of news releases, promotions, and of course, the medsite ipo in order to get the maximum continued gain in share price. That it has been "quiet" during the past couple of months is no coincidence imho. I do think this is about to change and while I'm sure everyone has their own sense of timing, for me, the time to come in is "now". If I'm off by a few weeks, no problem. I can wait that long. If JDX gets an initial strong gap up, the wait will certainly have been worth it! <g!> Regards, Kevin