Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: CIMA who wrote (1360)	11/2/1999 2:17:00 PM
From: Jim Bishop	Respond to of 5053

:-)

To: CIMA who wrote (1360)	11/2/1999 5:23:00 PM
From: Kevin Hamlin	Read Replies (1) \| Respond to of 5053

Interesting trading again today on JDX. Another day gone, and it's cranked a little tighter still. You can see this in the depth where there is now 15,000 shares on the bid at .77 cents, and no one selling into it. And there was certainly plenty of time to do this selling, with the last trade for JDX going through prior to 3pm. There was no selling after that time (well...no buying either I suppose, but I think you get my point, i.e., the selling looks to have dried up.) After 2:50pm, the bids just stacked in on each other. There is now 38,000 shares bidding .75 and above which is very nice to see. What is also interesting is that the (totally annoying) selling by Yorkton today seems to have abruptly ended. They were certainly willing to sell into .75 cents yesterday, and .77 cents today, but again, after 2:50pm, no more selling by them. Another thing I like is that this upward move by JDX is a much more orderly rise rather than the ones over the past two weeks. It is a rise that looks to be building solid strength and support along the way rather than just a funny/weird kind of blip upwards. Personally, I think the .80 mark will be gone before the week is over. It looks like a bit of a wall there now, but once people realize its possibly the last opportunity to take any size down at these levels, it may go quicker than we expect, especially if Yorkton is out of the way. In any case, its quite interesting to watch the coil wind a little tighter still! Regards, Kevin