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Gold/Mining/Energy : Scorpion Minerals-SCP-T -- Ignore unavailable to you. Want to Upgrade?


To: charred who wrote (215)12/7/1999 8:13:00 AM
From: Winzer  Read Replies (1) | Respond to of 235
 
<<Anyways, it's going to be fun to see what is up.>>

In reviewing the MO of TBU and MVM, the announcement of "SCP to ??"" will probably be made before the 15th (the record for voting at the special meeting). From then on, I see a parallel path similar to TBU and MVM.

Monday's action is probably reflective of daytraders, speculators and others with lots of anticipation. Look for about a 30% correction on the announcement (usually when the daytraders and speculators move on).

For those of us looking to hang on for the longer term, we need look only to TBU to get a hist of what is POSSIBLE for SCP. Suggest we take profits (pull initial investment off the table) before the daytraders/speculators and letting the free money ride. Just my own strategy, however you can also use escalating stops to follow SCP as it takes off to the top.

Winzer