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


To: keith massey who wrote (2345)11/22/1999 7:21:00 PM
From: kanda  Respond to of 5053
 
Thanks keith, for you clear, concise thinking.

I know this subject came up before, but I'm not sure what the concensus was..Can the houses see people's stops? I'm sure right after the share price went above 1.40 today, a bunch of people moved their stops up to just below it, not expecting to see this price again <gg>. Lucky for us, another buying opportunity..:)

You are right as usual, this was a artificially orchestrated close! The strength of the stock midday belies the price that we closed at.

kanda



To: keith massey who wrote (2345)11/22/1999 8:23:00 PM
From: AriKirA  Respond to of 5053
 
I don't know why anyone would dump on this news and it is to bad they did because they made the close look artifically bad. It is amazing how one person with enough shares can change the chart....

Keith, you would presume that someone accumulating 120,000 shares would have a clear understanding of the company and it's potential... I guess they totally screwed up big time!!!! Kinda reminds me of BII. Remember the number of people that sold and after having sold posted that the company was overvalued? Didn't most of them sell at the 3/4 level... I guess the joke was on them wasn't it?

Oh well, one less overhang to deal with! I expect the price to climb tomorrow to close near the 1.50 level

Still can't believe it...

AK