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


To: keith massey who wrote (1826)11/12/1999 7:13:00 PM
From: Michael Brandon  Respond to of 5053
 
I'm sure the insiders are holding their shares with a white-knuckled grip after this week's trading. They (and we) got a taste of what's going to happen if a successful business strategy can be executed in their targeted sector. IMHO, today's decline is healthy given the magnitude of yesterday's rise. I'm trying to conceptualize what happens from here, and it seems like there are two scenarios to consider until the Medsite IPO enters the gate. Scenario 1 is "with news" and Scenario 2 is "without news". I'm trying to guess trading ranges based upon each scenario, but I don't feel comfortable posting those because they are only guesses with no foundation in fact. It's exciting to imagine what will happen to this stock if management lands more deals like Medsite....that's the real "kicker". I did something on Tuesday that I haven't done in three years - bought more Jordex. I'm planning to buy more next week. If that's an indication of investor sentiment, then all of you superb DD'ers should get ready to receive some just rewards.

Best Wishes...... -Mike-