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Gold/Mining/Energy : Corner Bay Silver (BAY.T) -- Ignore unavailable to you. Want to Upgrade?

To: M. Walton who wrote (341)	11/12/1999 12:15:00 AM
From: Claude Cormier	Read Replies (1) \| Respond to of 4409

<<I am grappling with the urge to sell this puppy before the news.>> Well if you have a very good profit... it can make sense. But medium term, BAY is going much higher. This is a takeover target. << Historically, have we seen BAY drop a lot after news releases? >> It has done so on a few occasion...indeed. But it is hard to say it will be this time as well. We may get some surprise that are not expected. <<Likewise, how do similar mining stocks usually react?>> It alwasy depends on the news. SOme news are not anticipated. In the case of BAY... you have to do your work and estimate what is a logical value for the stock. Then you have to decided if you want to trade or not on the way up. I am not good on trading so I prefer to stay long until BAY reach a price that is close to my evaluation... Then I start selling.