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Gold/Mining/Energy : Rock Resources -- Ignore unavailable to you. Want to Upgrade?

To: SwampDogg who wrote (1403)	12/23/1999 8:58:00 PM
From: Lola	Read Replies (2) \| Respond to of 1996

I'm no rocket scientist and I'm not long or short on this stock but I noticed something verrrry interesting about the price pattern on this stock over the last year. It fluctuates between 0.16 and 0.23 (sometimes a little higher and sometimes a little lower). Here's a little math lesson for those who think the buy and hold strategy is a good one ... I disagree ... If you took $10K and invested it in this stock at the beginning of the year and traded it between 0.16 and 0.23 five times over the course of the year (which was easy to do, I checked) you would have almost $62,000 ... compounding what a wonderful thing! I have a feeling this stock is having a love affair with this price range and it's not going to break it off anytime soon. Now if you never traded the stock and say you were one of the lucky ones and bought at 0.16 and held it all year long your investment is now worth only $17,500 (and that's only if the price remains at 0.28 and does not slip which I think it will). Will this stock ever see above $0.50??? I don't know ... if I was an insider I might not want it to ... especially if they don't start coming out with some good drill results. Keeping up the BS and keeping it below 0.50 might prove much more profitable for them. Please excuse my ramblings as I am still hallucinating sometimes due to my illness but the numbers thing really has me curious. Lola:)