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


To: Lola who wrote (2040)11/17/1999 2:16:00 PM
From: keith massey  Respond to of 5053
 



To: Lola who wrote (2040)11/17/1999 2:17:00 PM
From: keith massey  Read Replies (3) | Respond to of 5053
 
Lola

I did find it strange however that the stock went up so much without much information being offered to the public by the company until now. You have to admit that's very odd considering this stock seemed to be married to the 0.70 range all summer. I guess it may be a case of people buying based on insider knowledge.

I don't think this run has anything to do with insider knowledge and also don't find anything about this latest move strange. The only reason we were at those levels this summer was because of the normal summer doldrums and also the constant selling by Yorkton, GP and Oldum. As we get closer to the Medsite.com IPO it is no surprise that the price would start to move up in anticipation. Then it was just a matter of a bunch of people actually doing some DD on the company and seeing the potential and getting in. Add to this all the people that were looking for a technical breakout before jumping in and this is just your standard move. No manipulation, just the facts.

Best Regards
KEITH