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


To: Condor who wrote (3439)12/26/1999 11:16:00 PM
From: keith massey  Read Replies (3) | Respond to of 5053
 
In the period I have been following JDX I have stated several times where I have bought stock so I think it is only fair that I also say when I sell. Over the past few trading sessions I have sold approximately half of my holdings in JDX at an average price of $1.72 using Greenline and DS. These sales were made for numerous reasons, but none of them were the result of a change in Jordex's fundamentals. I first started buying JDX last December in the .40's and other than some sales in April I have been continuously adding to my position in the company. Right from my first buys last year I have tried to dig up and post all positive and negative information relating to the company. This continuous buying during the past year has resulted in my JDX holdings making up a very substantial percentage of my Canadian stock portfolio and with this latest climb to a new 3 year high I was sitting on a very healthy paper profit. I am taking a week vacation from the market to do some skiing and won't be able to trade until I return. With the uncertainties about Y2K's effects on the markets and the potential for a NASDAQ pullback early in the near year I thought it was only prudent to lock in some paper profits on both my JDX and other holdings. I am now holding a bunch of “free” shares in JDX along with some profits. I plan on holding the majority of these “free” shares for the long term since the potential is there for this stock to be a large success story if management keeps along the same path that they have been moving. If we have another down draft like last month I will happily add to my position.

See you guys next century
KEITH